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AIG/Lincoln was established in 1997 as a strategic partnership between AIG Global Real Estate Investment Corporation, New York, a subsidiary of AIG - American International Group, New York, and Lincoln Property Company, a Dallas based commercial real estate manager...
AIG filed suit against the Federal Reserve Bank of New York in January 2013 in order to maintain the former's right to sue Bank of America and other issuers of bad mortgage debt. [156] The specific issue was whether the Federal Reserve Bank of New York transferred $18 billion in litigation claims on troubled mortgage debt through Maiden Lane ...
Initial public response to the program, when introduced by New York State, had fewer participants than expected. [1] EPIC [6] was established in 1986 to help income-eligible seniors with the high costs of prescription drugs; Paul E. Harenberg, Chairman of the New York State Assembly Committee on Aging, held hearings. It soon became obvious that ...
His new book, The AIG Story, chronicles the rise and growth of AIG, including the fall and bailout in 2008. Mr. Greenberg, thank you for taking the time to talk to us today. Hank Greenberg: Thank you.
I sat down with former AIG chairman and CEO Hank Greenberg this week. We talked about everything from AIG's early days, its growth, to its downfall and bailout in 2008. Below is one of the most ...
During the 25 years he worked for AIG, Greenberg held a number of senior management positions. He ran AIG's Japan and Korea operations from 1991 to 1994. [4] He then oversaw all international property-casualty operations from AIG's New York offices. [4] Greenberg was named president and COO in 1997 and was considered the heir apparent to take ...
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Sullivan's severance package payments were withheld by AIG after the then Attorney General of New York, Andrew Cuomo, raised issues. [7] According to USA Today, "AIG CEO Martin Sullivan received $25.4 million in non severance related compensation between 2005 and 2007, including $322,000 for private use of corporate aircraft, $153,000 for car and parking, $160,000 for home security and $41,000 ...