A unique insider view into the recent AIG crisis and Hank Greenberg
For nearly 40 years, Maurice "Hank" Greenberg was one of the most
powerful CEOs in America. He built American International Group (AIG) from a second-rate
insurer with a great Chinese franchise into one of the world's most profitable companies.
But times have certainly changed, and now, in the Second Edition of Fallen Giant, author
Ronald Shelp-who worked alongside Greenberg and within the AIG organization for many
years-with the help of Al Ehrbar, sheds light on both AIG, the company, and Hank
Greenberg, the man.
This fully updated Second Edition digs deep to uncover the latest developments for both
Greenberg and AIG, such as the many lawsuits underway, including a criminal trial that
will send five men-one who still works for Greenberg-to prison. It also chronicles the
incredible story of how AIG was rescued by the Fed, and why the government had no choice
in the matter.
- Includes new insights into the latest developments for both AIG and Hank
Greenberg
- Reveals the real reasons behind the U.S. government's unprecedented bailout of
AIG
- Explores AIG's history, starting in Shanghai in 1919, along with the downfall of
its CEO
- Offers rare insights into how AIG almost collapsed
Filled with international intrigue and expert business acumen, the Second Edition of
Fallen Giant paints a compelling portrait of both the past successes and current crises of
Hank Greenberg and AIG.
Table of Contents
Acknowledgments.
Prologue.
Introduction.
Chapter 1 How Hank Greenberg Did It.
Chapter 2 Shanghai Starr.
Chapter 3 Secrets to Building the Chinese Empire.
Chapter 4 Starr and “Wild Bill” Donovan Use Insurance to Fight the Japanese.
Chapter 5 Turning the War to Advantage.
Chapter 6 Business Is Pleasure and Pleasure Is Business.
Chapter 7 Preparing to Be a Public Company.
Chapter 8 A Nobody Beats the Ivy Leaguers.
Chapter 9 Life with Hank Greenberg.
Chapter 10 Morefar.
Chapter 11 The Mystery of What Happened at AIG.
Chapter 12 Greenberg’s Fall from Grace.
Chapter 13 The Great Survivor Vows to Bounce Back.
Chapter 14 Fighting for Honor and Managing from Afar.
Chapter 15 The Battle of the Lawyers.
Chapter 16 A Losing Struggle to Save a Lifetime ’ s Work.
The Cast of Characters.
Timeline.
References.
Books by Ron Shelp.
About the Author.
Index.
298 pages, Paperback