Book description
A unique insider view into the recent AIG crisis and Hank Greenberg
For nearly 40 years, Maurice "Hank" Greenberg was one of
the most powerful CEOs in America. He built American International
Group (AIG) from a second-rate insurer with a great Chinese franchise
into one of the world's most profitable companies. But times have
certainly changed, and now, in the Second Edition of Fallen
Giant, author Ronald Shelp-who worked alongside Greenberg and
within the AIG organization for many years-with the help of Al Ehrbar,
sheds light on both AIG, the company, and Hank Greenberg, the man.
This fully updated Second Edition digs deep to uncover the
latest developments for both Greenberg and AIG, such as the many
lawsuits underway, including a criminal trial that will send five
men-one who still works for Greenberg-to prison. It also chronicles
the incredible story of how AIG was rescued by the Fed, and why the
government had no choice in the matter.
- Includes new insights into the latest developments for both AIG
and Hank Greenberg
- Reveals the real reasons behind the U. S. government's
unprecedented bailout of AIG
- Explores AIG's history, starting in Shanghai in 1919, along with
the downfall of its CEO
- Offers rare insights into how AIG almost collapsed
Filled with international intrigue and expert business acumen, the
Second Edition of Fallen Giant paints a compelling
portrait of both the past successes and current crises of Hank
Greenberg and AIG.
