New York (ots/PRNewswire) - The May issue of Bloomberg Markets
Magazine offers a comprehensive look inside the insurance giant AIG,
and the scandals that forced its 79-year-old CEO, Maurice "Hank"
Greenberg, to step down. Bloomberg Markets senior writer Richard
Teitelbaum gives readers the whole story, from New York State
Attorney General Eliot Spitzer's probe to questions surrounding AIG's
aggressive business tactics and opaque financial dealings.
The Bloomberg Markets story features an exclusive interview with
Greenberg, conducted before his resignation, in which the embattled
insurance executive defends his firm's take-no-prisoners corporate
culture and outlines the steps AIG is taking to put its regulatory
house in order.
The probe by Spitzer is not the only challenge facing AIG,
according to Bloomberg Markets. The story also examines complaints by
consumer advocates and issues surrounding the firm's financial
disclosure and Byzantine insurance dealings. The Bloomberg Markets
story profiles new CEO Martin Sullivan, who will have to address
these and other matters.
The May edition of Bloomberg Markets will hit newsstands in
mid-April and will be available for sale at all local Borders and
Barnes & Noble bookstores and other local newsstands. Bloomberg
Markets is distributed to all Bloomberg terminal users. Bloomberg
Markets articles are also available on the Bloomberg terminal.
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please visit http://www.bloomberg.com.
About Bloomberg Markets
Bloomberg Markets is a monthly magazine providing insight into
financial executives, the firms where they work, and the companies in
which they invest. Bloomberg Markets has a 300,000 world-wide
circulation and is published monthly by Bloomberg News. Bloomberg
Markets is available to all Bloomberg terminals users and sold in
local newsstands and in Borders and Barnes & Noble bookstores.
Web site: http://www.bloomberg.com
ots Originaltext: Bloomberg LP London
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Loren Riegelhaupt of Sloane & Company, +1-212-446-1871,
email@example.com, for Bloomberg