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Hank Greenberg Trying to Get His Hands on AIG

  • 9/16/08 at 3:39 PM
Hank Greenberg Trying to Get His Hands on AIG

Photo: Getty Images

Investors led by former AIG CEO Maurice "Hank'' Greenberg are considering taking control of the struggling insurer through a proxy fight or buyout. "AIG was his baby — they took it away from him, and he's been trying to find a way to get it back,'' Phillip Phan, professor of management at the Johns Hopkins Carey Business School, told Bloomberg. "This is the perfect opportunity.'' [Bloomberg]

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