Guest Lecture: Maurice Greenberg on AIG and the Financial Crisis
Delve into a captivating guest lecture by Maurice "Hank" Greenberg, former CEO of American International Group (AIG), as part of Yale University's Financial Markets course. Explore Greenberg's journey from his military service to becoming a pivotal figure in the insurance industry. Gain insights into the creation and growth of AIG, including its global expansion, innovative insurance products, and unique corporate culture. Examine the challenges faced by AIG in the early 21st century, including Greenberg's departure and the company's role in the 2007-2008 financial crisis. Analyze Greenberg's perspective on the causes of the financial crisis and the government's response. Engage with a Q&A session covering topics such as the Chinese insurance industry, AIG's current leadership, and the Dodd-Frank Act. This 71-minute lecture offers a rare opportunity to learn from a key figure in the financial world, providing valuable historical context and industry insights.