GREENBERG VS. AIG
GREENBERG VS. AIG AIG addressee indicator group (US DoD)
AIG American International Group, Inc
AiG Answers in Genesis (religious group in defense of Scripture)
AIG Artificial Intelligence Group
AIG Australian Industry Group
The long-running drama starring Maurice "Hank" Greenberg and the insurer he built, AIG, went into its fifth or sixth act as a trial began in a Manhattan courtroom on June 15. This time the focus is on a pool of stock that Greenberg, now 84, sold in his capacity as chairman of Starr International after being ousted from AIG in 2005. AIG claims the stock, worth $4.3 billion in 2005, was part of a deferred compensation program for past, present, and future high-performing employees and that the sale was improper. Starr is being sued by AIG and maintains the stock was part of a charitable trust The arrangement by which real or Personal Property given by one person is held by another to be used for the benefit of a class of persons or the general public. and not the property of AIG. Although Greenberg has already taken the stand as a hostile witness A witness at a trial who is so adverse to the party that called him or her that he or she can be cross-examined as though called to testify by the opposing party.
The Federal Rules of Evidence provide that witnesses who are hostile, or adverse, can be interrogated through , further fireworks fireworks: see pyrotechnics.
fireworks
Explosives or combustibles used for display. Of ancient Chinese origin, fireworks evidently developed out of military rockets and explosive missiles and accompanied the spread of military explosives westward to may be limited by the judge's early ruling that AIG's eventual financial meltdown and government bailout are out of bounds.
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