Hank Greenberg Trying to Get His Hands on AIG


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]