AIG’s Hank Greenberg pays $15 million to end SEC suit

Maurice "Hank" Greenberg, who led American International Group Inc. for 38 years until his ouster amid state and federal accounting probes in 2005, will pay $15 million to settle U.S. claims he manipulated the insurer's earnings. Greenberg, 84, and former AIG Chief Financial Officer Howard Smith "directed several different accounting transactions to materially affect AIG's reported ...

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AIG’s Hank Greenberg pays $15 million to end SEC suit

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