Greenberg’s View: Corporate Governance and Compensation
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Former AIG CEO Maurice "Hank" Greenberg warned against the movement to install more outside directors on corporate boards before a group of outsiders took over AIG and forced his early resignation. Here he talks about corporate governance and what went wrong at AIG after New York Attorney General Eliot Spitzer entered the picture. He also talks about the unique role SICO played for AIG and his view of compensation.