TITLE

Is It Vindication Or Is It Revenge?

PUB. DATE
November 2007
SOURCE
Forbes Asia;11/26/2007, Vol. 3 Issue 20, p60
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Maurice Greenberg, the ousted chairman and chief executive officer of the American International Group, to regain control of the company. He told friends that he has only built the largest insurance company in the world and he has nothing to be ashamed of. In his bid for vindication or revenge, Greenberg is buoyed by the fact that in his last eight years running AIG it averaged a 15 percent annual return on equity, putting it well ahead of competitors like CNA, Chubb and Travelers.
ACCESSION #
27726595

 

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