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I wish my husband would give me $2.2 billion

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gollygee Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-13-05 03:33 PM
Original message
I wish my husband would give me $2.2 billion
What a guy!

WASHINGTON (Dow Jones) - Maurice "Hank" Greenberg, who last month relinquished his posts as chairman and chief executive of American International Group Inc. ( AIG) amid intense regulatory scrutiny, reported Tuesday a gift of 41.4 million company shares to his wife, Corinne P. Greenberg.

According to a filing released by the Securities and Exchange Commission, the transaction took place March 11, three days before insurance titan AIG announced Greenberg had retired as president and CEO. The company said later in the month that Greenberg also would retire as chairman.

The shares Greenberg gifted to his wife are worth $2.2 billion at AIG's closing share price Tuesday of $53.20 .

As reported, Greenberg was interviewed Tuesday by regulators probing AIG's accounting. The regulators are looking into whether AIG, which Greenberg led for decades, used questionable financial transactions to improperly boost its results.

continued at http://money.cnn.com/2005/04/13/news/newsmakers/aig_greenberg.dj/index.htm?cnn=yes
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-13-05 03:34 PM
Response to Original message
1. Neil bush, brother of the President of the USA, didn't even do that.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-13-05 03:43 PM
Response to Reply #1
2. Neil obviously didn't have a Covenant Marriage.
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madinmaryland Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-13-05 03:49 PM
Response to Reply #2
3. Neil was too busy with Thailand hooker to
worry about any type of marriage.

:evilgrin:
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Inland Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-13-05 04:14 PM
Response to Original message
4. Me too. I wish your husband would give me $2.2B.
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