AIG May Challenge Greenberg On Assets

American International Group is examining whether it can challenge a move by Maurice "Hank" Greenberg, the insurer's ousted chief executive, to lay claim to Dollars 16bn of "charitable" assets.

The assets, largely stock set aside to pay retirement benefits to senior employees at AIG, are owned by Starr International, a Panama- registered company controlled - but not owned - by Mr Greenberg and a group of close associates.

See full Article.