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Topic: Maurice Greenberg


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In the News (Thu 16 May 13)

  
 Maurice R. Greenberg - Wikipedia, the free encyclopedia
Greenberg served in the U. Army in Europe during World War II, participating in the Liberation of Dachau and in the Korean conflict, rising to the rank of Captain; he is a recipient of the Bronze Star.
Greenberg was both a social friend and client of Henry Kissinger, utilising his consultancy, Kissinger Associates, for advice and operations in a number of countries, particularly in Asia.
Greenberg is Honorary Vice Chairman and Director of the Council on Foreign Relations and a member of David Rockefeller's Trilateral Commission.
en.wikipedia.org /wiki/Maurice_R._Greenberg   (899 words)

  
 Ex-AIG Chairman Maurice Greenberg’s $2.2 Billion Stock Transfer To His Wife
Greenberg may be deemed to be the beneficial owner of, and to have a pecuniary interest in, shares of AIG common stock held by the Starr Trust.
Greenberg may be deemed the beneficial owner of, and to have a pecuniary interest in, the shares of AIG common stock held by Starr, including those held by Starr which are used to satisfy exercises under the Starr SOPs.
Greenberg may be deemed to be the beneficial owner of, and to have a pecuniary interest in, the shares of AIG common stock held by Starr, including the shares held by Starr which are used to satisfy rights under the Starr Purchase Plan.
news.corporate.findlaw.com /hdocs/docs/aig/grnbrg31105trnsfr.html   (684 words)

  
 Longtime CEO of embattled AIG quits | The San Diego Union-Tribune
Maurice Greenberg, the executive who built American International Group into a global insurance powerhouse and shaped an entire industry during nearly 40 years at the company's helm, stepped down as chief executive yesterday after a series of run-ins with regulators raised questions about its complex and often obscure operations.
Greenberg had been scheduled to appear for a deposition in Spitzer's office Thursday to answer questions about a transaction that regulators say might have artificially bolstered the company's financial position, according to a person briefed on the matter.
Maurice Greenberg, known as Hank, is widely considered one of corporate America's most autocratic and irascible bosses.
www.signonsandiego.com /uniontrib/20050315/news_1b15aig.html   (1045 words)

  
 Greenberg,Maurice - 9/11Encyclopedia
Maurice "Hank" Greenberg, once floated as a possible CIA Director in 1995, is the CEO of AIG insurance (->), manager of the third largest capital investment pool in the world.
Maurice Raymond Greenberg (AIG, Kroll, CFR) was born in New York City May 4, 1925, the son of Jacob Greenberg and Ada (Rheingold) Greenberg.
Greenberg was deputy chairman of the New York Fed in 1992 and 1993, and New York Fed chairman in 1994 and 1995.
911review.org /Sept11Wiki/Greenberg,Maurice.shtml   (586 words)

  
 Greenberg MRI dedication
Legendary insurance mogul Maurice R. Greenberg and his wife, Corinne, were honored at Cornell's College of Veterinary Medicine April 11 at the dedication of the magnetic resonance imaging (MRI) suite bearing their name.
Maurice Greenberg is former chairman and CEO of American International Group (AIG).
Also attending was the Greenbergs' close friend, Sanford "Sandy" Weill, retiring chairman and former CEO of Citigroup and, like Maurice Greenberg, a major benefactor of the Weill Cornell Medical College in New York City.
www.news.cornell.edu /stories/April06/Greenberg.mri.kr.html   (324 words)

  
 Target: AIG - Fraud probe of Maurice "Hank" Greenberg intensifies
Greenberg, a "private citizen" was involved in sensitive high-level negotiations with (and occasional bullying of) Asian leaders, from the Philippines' Ferdinand Marcos to China's Zhu Rhongji.
Greenberg was among the top Wall Street elite who spearheaded the "free market transformation" of Russia in the early 1990s (which ultimately looted the country).
Greenberg is a trustee of the Asia Society, founded by John D. Rockefeller III, where he sits alongside the likes of Richard Holbrooke (an AIG director), John D. Rockefeller IV, Nicholas Platt, and other members of the elite.
www.fromthewilderness.com /free/ww3/070105_target_aig.shtml   (1180 words)

  
 CFR Bio: Maurice R. Greenberg - Council on Foreign Relations
Greenberg is the Chairman and CEO of C.V. Starr and Co., Inc. and is the retired chairman and CEO of American International Group, Inc. (AIG).
Greenberg served in the U.S. Army in Europe during World War II and in the Korean conflict, rising to the rank of Captain, and is a recipient of the Bronze Star.
Greenberg is former chairman, and currently serves as a trustee, of the Asia Society.
www.cfr.org /bios/bio.html?id=576   (674 words)

  
 FirstCoast News.com - Print Article
Greenberg and his lawyer had indicated on Monday that he would likely refuse to answer questions because he had not had sufficient time to prepare.
Greenberg has been identified by regulators as a target of their investigation and said he would not cooperate unless the Securities and Exchange Commission and the New York attorney general's office narrowed the scope of their questions.
Greenberg sounded a similar note in a statement issued Monday afternoon, noting that AIG is involved in millions of transactions each year, many about which he had no direct knowledge.
www.firstcoastnews.com /printfullstory.aspx?storyid=35416   (818 words)

  
 USATODAY.com - Scrutiny tarnishes legacy of Greenberg   (Site not responding. Last check: 2007-10-08)
Now, investigations by state and federal regulators and by Greenberg's successors at AIG are uncovering alleged evidence of conflicts of interest, self dealing and fraud allegedly orchestrated by the powerful businessman and some of his closest associates.
Among the discards Greenberg placed under his private control were the Starr Foundation, one of the USA's largest private charities, funded by its namesake; a shell known as Starr International, which became a deferred compensation vehicle for select AIG executives; and a small insurance brokerage known as C.V. Starr.
Greenberg's managerial savvy long was reflected in the company's share price, which strongly outperformed the Standard and Poor's 500 for most of the past 15 years, until slipping recently, and last year became a component of the Dow Jones industrial average.
www.usatoday.com /money/industries/insurance/2005-05-30-aig-cover_x.htm   (1829 words)

  
 USATODAY.com - AIG's chief executive Greenberg resigns   (Site not responding. Last check: 2007-10-08)
NEW YORK — Maurice Greenberg stepped down this morning as CEO of American International Group (AIG)— which makes him the second member of the Greenberg insurance family triumvirate to fall amid an industrywide fraud scandal.
Greenberg, who during four decades built AIG into the world's largest insurer, with a market value of nearly $170 billion, agreed in heated negotiations Monday to relinquish the CEO title and stay on as non-executive chairman.
Greenberg was told his resignation was essential if AIG was going to settle damaging ongoing federal and state probes.
www.usatoday.com /money/industries/insurance/2005-03-14-greenberg_x.htm   (732 words)

  
 NYU - Press Release
Greenberg was one of the first corporate executives to recognize the potential for the globalization of financial services.
The Maurice Greenberg Professorship in Holocaust Studies, a joint project of NYU and the Holocaust Museum, was named to honor him.
Greenberg lends his talents to many prominent national organizations, among which are the President's Advisory Committee for Trade Policy and Negotiations, The Business Roundtable, and the Council on Foreign Relations.
www.nyu.edu /publicaffairs/newsreleases/b_NYU_A15.shtml   (396 words)

  
 Maurice Greenberg and A. I. G. American Insurance Group discovers what a difference 24 hours can make with a Uranus ...
Greenberg's guilt or innocence is not discussed in this article because I think it is a plainly established aspect of human nature for someone with absolute control over something to face a certain amount of temptation.
Greenberg, 79, who is known as Hank, had outlasted them all: the regulators and prosecutors he acknowledged he stonewalled before A.I.G.'s recent settlement of fraud charges; the investors whose calls for stronger succession plans he mostly ignored; and the directors he largely cowed over the years with dismissive treatment.
Greenberg himself was a subject of the inquiry, according to people close to the investigation.
www.bemyastrologer.com /uranus.html   (4711 words)

  
 AIG chief reportedly will step down - Pittsburgh Tribune-Review
And Maurice Greenberg, 79 and known to most by his nickname "Hank," is the father of an insurance industry dynasty.
Maurice Greenberg joined AIG in 1960 and became president in 1967 when it was a seller of property-casualty insurance in the United States and had a major life-insurance business in Asia.
Greenberg is one of the company's largest individual shareholders, the Journal said.
www.pittsburghlive.com /x/pittsburghtrib/s_313347.html   (795 words)

  
 Former governor leads list of Greenberg allies - Marketplace by Bloomberg - International Herald Tribune
WASHINGTON Maurice Greenberg is rallying support from Mario Cuomo, a former governor of New York, and investment bankers as the New York State attorney general, Eliot Spitzer, makes new claims that Greenberg abused his power as head of American International Group.
Greenberg's lawyers last week defended the asset sales in a 34-page report, saying they were approved by a former New York attorney general and the New York Surrogate's Court 25 years ago.
Greenberg said the claims that he shortchanged the charity were an attempt to justify the pressure Spitzer put on AIG to remove him this year.
www.iht.com /articles/2005/12/19/news/bxgreen.php   (740 words)

  
 Greenberg to plead Fifth Amendment
Greenberg, who faces shareholder lawsuits and who has been questioned in a federal and state investigation into AIG accounting, disclosed in a regulatory filing on Tuesday that he gave his wife, Corinne P. Greenberg, 41.4 million AIG shares, most of his holdings in the company.
Maurice "Hank" Greenberg (79), the ousted CEO of insurance giant AIG, is scheduled to meet regulators and law enforcement officials in New York today, who are investigating fraudulent accounting transactions at AIG.
Greenberg will plead the Fifth Amendment to avoid self-incrimination as he claims that he has not had adequate time to prepare for the meeting.
www.finfacts.com /irelandbusinessnews/publish/printer_10001315.shtml   (935 words)

  
 AIG's Greenberg nears retirement - Jan. 28, 2003
One of Greenberg's sons, Evan, was groomed for the job, but left to become CEO of another insurer, ACE Tempest Re, in 2002.
Greenberg, who declined to be interviewed for this article, has numerous outside interests, particularly in art and health care.
Greenberg served in the Army in Europe during World War II and rose to the rank of captain by the Korean War.
money.cnn.com /2003/01/28/news/companies/aig_greenberg/index.htm   (1054 words)

  
 Maurice R. Greenberg - Boston College   (Site not responding. Last check: 2007-10-08)
AIG Chairman Maurice "Hank" Greenberg's remarks came a day after U.S. Education Secretary Rod Paige sparked an uproar when he called the nation's largest teachers' union a "terrorist organization." The White House said he later apologized.
In remarks to business executives in Boston, Greenberg likened the battle over reforming class-action litigation to the White House's "war on terror." AIG insures corporations against multibillion-dollar claims of damages, such as in asbestos lawsuits.
Greenberg used graphic language as he railed against an American tort system that sometimes awards staggering sums to people who claim injuries from corporate actions or products.
www.bc.edu /schools/csom/cga/executives/events/greenberg   (293 words)

  
 Challenge lodged in AIG dispute - Business - International Herald Tribune
NEW YORK Maurice Greenberg, the former chairman and chief executive of the insurer American International Group, has challenged the rationale for the company's $4 billion income restatement, calling many of the items in it "exaggerated and unnecessary."
Greenberg's lawyers challenge many of the restatement items and question what they call the board's rash judgment to force Greenberg's resignation before any charges had been brought.
Greenberg," the paper says, "whose 38-year record in creating stockholder value is beyond dispute in American business history and by understanding the long-held ambitions of at least one or two such directors to take a leading role at AIG."
www.iht.com /articles/2005/08/05/business/greenberg.php   (507 words)

  
 Wall Street Terrorist Throws Towel   (Site not responding. Last check: 2007-10-08)
Maurice „Hank“ Greenberg, age 79, is living proof to the insight that the insurance industry is full of crooks.
Jeffrey Greenberg was CEO and chairman of the world’s second-largest insurance broker Marsh and McLennan (resigned in October 2004).
Greenberg or AIG become involved by doing anything “illegal.” In the global field that he pioneers, such distinctions are naïve and outright misleading, as indicated earlier.
www.gallerize.com /Wall_Street_Terrorist.htm   (4263 words)

  
 TPJ.org   (Site not responding. Last check: 2007-10-08)
At Greenberg’s request, a handwritten amendment was added to a 2001 bill granting war-risk insurance to airlines.
Greenberg was one of 22 wealthy business leaders whom President Bush invited to lunch in 2001 to discuss his tax cut for the wealthy.
Not only was Greenberg's son Jeffrey then head of Marsh & McLennan, but AIG and ACE Ltd.--headed by another Greenberg son--then informed Spitzer of their involvement with Marsh & McLennan bid rigs.
www.tpj.org /docs/pioneers/pioneers_view.jsp?id=79   (467 words)

  
 Who Is Maurice Greenberg, Man Behind Bid for 'NY Times'?
Greenberg is honorary vice chairman and a director of the Council on Foreign Relations.
Greenberg again, issuing a report accusing him and others of having cheated a foundation he runs 35 years ago.
Greenberg stepped down as chairman and chief executive of AIG, one of the world's largest insurance companies, in March 2005 after New York Attorney General Eliot Spitzer launched an investigation into the company's accounting procedures.
www.freerepublic.com /focus/f-news/1746086/posts   (2171 words)

  
 [No title]
Chairman and CEO of American International Group, Maurice Greenberg, gestures during the panel discussion at the World...
Greenberg's lawyer on Monday had indicated his client likely would refuse to answer questions because he had not had sufficient time to prepare.
Greenberg, 79, was forced to resign as CEO of AIG in mid-March and, as the probe widened, relinquished his title as chairman.
www.comcast.net /data/news/html/2005/04/12/105265.html   (863 words)

  
 The Maurice Greenberg Center | About
The Maurice Greenberg Center for Judaic Studies is devoted to teaching and original research in Judaic Studies from the Biblical to the modern periods.
At the Greenberg Center, you will excavate the Biblical past through texts and archaeology, debate Talmudic scholars, delve into Holocaust studies, master Yiddish or Hebrew or both, discover the beauty of teaching what you have learned, explore Jewish life in America--the opportunities are endless.
Based on a Greenberg Center proposal, plans are under way for a Master of Arts in Judaic Studies granted by the University of Connecticut in a consortial arrangement with the University of Hartford.
www.hartford.edu /Greenberg/about.asp   (1882 words)

  
 Dr. O. Wayne Isom Becomes 24th Recipient of Maurice R. Greenberg Distinguished Service Award
At a gala dinner held at the Plaza Hotel in Dr. Isom's honor on April 29, gala co-chairs Bernadette Castro, the New York State Commissioner of Parks, Recreation and Historic Preservation, and Myra Mahon, presented the hundreds of attendees with a warm welcome and introduction.
Its namesake is Maurice Greenberg, chairman and CEO of American International Group Inc., the world's leading global insurance and financial services organization.
Greenberg is also chairman emeritus of NewYork-Presbyterian Hospital and the NewYork-Presbyterian Hospital Foundation Inc., and serves as a member of Weill Cornell's Board of Overseers.
www.med.cornell.edu /deans/2004/05_17_04/article_01-05_17.shtml   (511 words)

  
 Maurice R. Greenberg - SourceWatch
Greenberg was one of the President Bush's 'Rangers' which means he personally raked in more than $200,000 for the reelection campaign.
This access has paid-off as the administration has often supported Greenberg on a number of issues ranging from access to China to terrorism insurance," Ron Scherer reported in the April 1, 2005, Christian Science Monitor.
"Greenberg and AIG have further expanded their reach through the use of the $5 billion Starr Foundation, named after the founder of the company Cornelius Vander Starr.
www.sourcewatch.org /index.php?title=Maurice_R._Greenberg   (321 words)

  
 FOXNews.com - AIG CEO Maurice Greenberg to Step Down - Business And Money | Business News | Financial News
NEW YORK — Maurice Greenberg (search) will step down as chief executive of American International Group amid a rising number of regulatory inquiries into the insurance company, The Wall Street Journal and CNBC reported on Monday.
Greenberg remained AIG's chairman," UBS analyst Andrew Kligerman wrote in a research note.
Greenberg started out as a manager at little-known American International Group Inc. in 1960, before rising in the ranks and turning the company into the world's largest insurer.
www.foxnews.com /story/0,2933,150371,00.html   (453 words)

  
 [No title]
Greenberg's move, reported in The Wall Street Journal and The New York Times, came as billionaire investor Warren Buffett dodged reporters by entering a side door as he arrived Monday to meet with regulators about transactions between AIG and a unit of Buffett's Berkshire Hathaway Inc.
Greenberg lawyer David Boies said that New York Attorney General Eliot Spitzer was being "unfair" by giving Greenberg little time to review all the documents before calling him in for questioning, the Journal reported.
Greenberg is scheduled to speak with regulators on Tuesday.
www.comcast.net /data/news/html/2005/04/11/104177.html   (517 words)

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