New York — Maurice "Hank" Greenberg, the former chief executive of American International Group Inc., is seeking more information from the company on its agreement with the U.S. government over assets that have cost the giant insurer dearly.
Greenberg, a large AIG shareholder, wrote to Chief Executive Edward Liddy on Monday, asking for more disclosure on the government's agreement to buy up to $70 billion in toxic mortgage assets underlying AIG's credit default swaps (CDS), a type of debt guarantee.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access