Former A.I.G. chief expected to testify in civil fraud trial.

NY Times:

Maurice R. Greenberg, the former chief executive of American International Group, is expected to take the witness stand on Tuesday in his civil fraud trial, which recently got underway in a New York State court. The 91-year-old Mr. Greenberg, who is known as Hank, is expected to go toe-to-toe with lawyers from the New York’s attorney general’s office, and his appearance could last several days. He has fought the accusations for more than a decade, determined to preserve his legacy as a prominent businessman and the architect of A.I.G. The case was originally filed byEliot Spitzer when he was the state attorney general. Mr. Greenberg and another former A.I.G. executive, Howard Smith, face charges that they engineered phony reinsurance transactions intended to make A.I.G.’s numbers look better to Wall Street, a claim that Mr. Greenberg and Mr. Smith have denied. Liz Moyer

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