Article: Greenberg assails AIG, while others bide time INVESTING

Lilla Zuill Reuters
International Herald Tribune
05-21-2008
Greenberg assails AIG, while others bide time INVESTING
Byline: Lilla Zuill Reuters
Edition: 1
Section: FINANCE/BUSINESS

NEW YORK --

Maurice Greenberg's withering criticism of American International Group has yet to win widespread support for a revolt against the current management of the giant insurer he used to run.

Still, the $13 billion that AIG has lost in relation to subprime mortgages over the last two quarters has shareholders worried and Greenberg, who controls about 12 percent of the company's shares and is known as Hank, has given voice to many of those concerns.
Greenberg "points out many of the major faults with current ...