Word: greenbergs
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...Maurice "Hank" Greenberg, in their latest legal fight, seem both to be hoping that they can convince a judge and a jury that the ends justify the means, and perhaps also that they are the nicer of the two parties...
...insurance company and its former CEO head to court on Monday in a tussle over who should be allowed to keep hundreds of millions of shares of AIG that Greenberg and a company he controls, Starr International, took when he left his former employer. AIG says those shares and the more than $4 billion in profits Starr International has reaped from past stock sales are the property of the insurer and its employees. But rather than fight over the merits of the case, both sides have spent the past few weeks arguing that they should win because what they plan...
...bigger question is, Why have colleges started posting all this stuff at no charge? "Schools have always wanted to have their own area where they could be among their peer institutions and help with the discovery of their content," says Obadiah Greenberg, who leads the project at YouTube...
...Last week, however, the p.r. team went on the attack. It came on the eve of ex-chairman Maurice (Hank) Greenberg's congressional testimony critical of the firm's current leaders and the bailout strategy. Reporters were given a document outlining Greenberg's role in creating a ruinous AIG unit and his 2005 ouster. A press release questioned why he should have "any credibility." Ashooh said the document was prepared internally, not by p.r. firms, and was intended to correct "misinformation" spread by Greenberg...
...Greenberg's lawyers, Lee S. Wolosky, said the document appears to reflect the work of outside firms, representing a possible misuse of government funds. "I understand using a public relations firm as a place for reporters to call for basic information about the company and its current plans," he told TIME. "But when you're using taxpayer money to fund a campaign that attacks specific individuals by name, that is particularly egregious. Even if the screed was done entirely in-house, it still constitutes a questionable use of taxpayer money, since the in-house staff is essentially government employees. There...