Maurice “Hank” Greenberg to Retire As AIG Chairman

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Maurice “Hank” Greenberg, who turned American International Group Inc. into one of the world’s largest insurers, is stepping down as chairman this week as investigations into AIG’s business practices mount.


Greenberg, who will end his 37-year career atop AIG later this week, departs as he and the company face an expanding probe by the Securities and Exchange Commission and New York State Attorney General Eliot Spitzer.


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