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Synopsis

Selected as one of Motley Fool’s  "5 GreatBooks You Should Read"

In The AIG Story, the company's long-term CEO Hank Greenberg(1967 to 2005) and GW professor and corporate governance expertLawrence Cunningham chronicle the origins of the company and itsrelentless pioneering of open markets everywhere in the world. Theyregale readers with riveting vignettes of how AIG grew from amodest group of insurance enterprises in 1970 to the largestinsurance company in world history. They help us understand AIG'sdistinctive entrepreneurial culture and how its outstandingemployees worldwide helped pave the road toglobalization. 

  • Corrects numerous common misconceptions about AIG that arosedue to its role at the center of the financial crisis of 2008.
  • A unique account of AIG by one of the iconic business leadersof the twentieth century who developed close relationships withmany of the most important world leaders of the period and helpedto open markets everywhere
  • Offers new critical perspective on battles with N. Y. AttorneyGeneral Eliot Spitzer and the 2008 U.S. government seizure of AIGamid the financial crisis
  •  Shares considerable information not previously madepublic 

The AIG Story captures an impressive saga in businesshistory--one of innovation, vision and leadership at a company thatwas nearly--destroyed with a few strokes of governmental pens. TheAIG Story carries important lessons and implications for theU.S., especially its role in international affairs, its approach tobusiness, its legal system and its handling of financialcrises.

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