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Insurance - The AIG Story

Description

Book Synopsis: The AIG Story first chronicles the origins of the company and its relentless pioneering of open markets everywhere in the world from 1970 to 2005. It then explores how the company faltered after it adopted a one-size-fits-all corporate governance structure that turned the company upside down and put it at the center of the 2008 financial crisis where the authorities seized upon it as both scapegoat and solution to the crisis. Produced based on a combination of co-author Hank Greenberg's personal involvement and the craftsmanship and objective writing of Professor Lawrence Cunningham, this book:

  • Corrects common misconceptions about AIG that arose due to its role at the center of the financial crisis of 2008.
  • Portrays one of the iconic businesses of the twentieth century which developed close relationships with many of the most important world leaders of the period and helped to open markets everywhere.
  • Opens new critical perspective on battles with N. Y. Attorney General Eliot Spitzer and the 2008 U.S. government seizure of AIG amid the financial crisis.
  • Shares confidential information publicly for the first time.

The AIG Story captures an impressive saga in business history--one of innovation, vision and leadership at a company that was almost destroyed with a few strokes of governmental pens. The AIG Story carries important lessons and implications for the U.S., especially its role in international affairs, its approach to business, its legal system and its handling of financial crises.

Details

The AIG Story is a captivating account of an iconic business that revolutionized open markets worldwide. From its humble beginnings in 1970 to its staggering achievements in 2005, this book takes you on an incredible journey of relentless innovation and visionary leadership. Don't miss out on the opportunity to understand the origins of one of the twentieth century's most influential companies.

Intrigued by AIG's role in the 2008 financial crisis? The AIG Story sets the record straight, dispelling common misconceptions associated with this pivotal moment in history. Get ready to be captivated by the memoirs of co-author Hank Greenberg, who offers a personal account of AIG's rise and fall and the unravelling of a one-size-fits-all corporate governance structure.

Prepare to be transported to the heart of global political and economic landscapes, as The AIG Story uncovers the close relationships AIG developed with world leaders. Discover how this company played a crucial role in opening markets worldwide, showcasing a legacy of influence that stretches far beyond traditional business boundaries.

Delve into the controversies surrounding AIG, including its high-profile battles with N. Y. Attorney General Eliot Spitzer. You'll gain a new critical perspective on the 2008 U.S. government seizure of AIG amidst the financial crisis. The AIG Story is an eye-opening revelation of confidential information that has remained hidden until now.

The AIG Story is a must-read for anyone interested in business history, offering valuable lessons and implications for the U.S. and its international affairs. Gain insight into the impact of AIG's approach to business, the workings of its legal system, and its handling of financial crises. Embrace the opportunity to learn from the past and shape the future.

Don't miss out on this extraordinary narrative of innovation, vision, and resilience. Experience the captivating journey of AIG and its remarkable survival against all odds. Click here to order your copy now!

Disclosure: I get commissions for purchases made through links in this website