Hank Greenberg Is Not Smiling
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How is Hank Greenberg, the ex-CEO of AIG, feeling today? Not good! Sure, he's pissed that AIG's current management team led by Bob Willumstad didn't turn to him for his "suggestions and help." But he's a lot poorer, too: His shares in the insurance giant were valued at more than $700 million last year. As of this morning, his stake is worth roughly $28 million. [WSJ]