|
 NEW YORK (AP) - Three days before he resigned as head of American International Group Inc., Maurice "Hank" Greenberg gave his wife 41.4 million of his shares in the insurance company, according to a regulatory filing Tuesday.
The disclosure came the same day Greenberg declined to answer questions posed by government investigators probing transactions at AIG.
AIG's board forced Greenberg, 79, to relinquish his posts as president and CEO on March 14, and he retired as the company's chairman two weeks later. Greenberg transferred the shares to his wife, Corinne P. Greenberg, on March 11, according to his filing Tuesday with the Securities and Exchange Commission. The shares are worth $2.2 billion, based on AIG's current stock price.
|
|