State of New York v. Greenberg News

Supreme Court Denies Greenberg Bid to Halt New York AG’s Reinsurance Case

The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions at the insurer, even as his trial continues. The justices …

Greenberg: Managers’ Concerns Fueled Auto Warranty Reinsurance Deal

Less than an hour into the third day of testimony in the fraud trial of former American International Group Inc. Chairman Maurice “Hank” Greenberg, the judge took the reins. New York State Supreme Court Justice Charles Ramos interrupted Assistant Attorney …

Greenberg Pressed for Details on Auto-Warranty Program in Reinsurance Trial

A New York state court judge warned Maurice “Hank” Greenberg, the 91-year-old former chairman of American International Group Inc., that his fraud trial might last a year unless he answered questions more fully. The admonishment came during Greenberg’s second day …

Ex-AIG CEO Greenberg Testifies in Reinsurance Trial

Former American International Group Inc. Chairman Maurice “Hank” Greenberg says he got personally involved in an “insignificant” business deal at the insurance giant 18 years ago to teach some managers a lesson. Now, that deal is part of a fraud …

11 Years After Spitzer Sued, Greenberg’s Trial Over Reinsurance Begins

It’s a day of reckoning — or the moment of truth — for former American International Group Inc. head Maurice “Hank” Greenberg. More than 11 years after he was sued by former New York Attorney General Eliot Spitzer, Greenberg went …