Fallen Giant: The Amazing Story of Hank Greenberg and the History of AIG

A unique insider view into the recent AIG crisis and Hank Greenberg For nearly 40 years, Maurice "Hank" Greenberg was one of the most powerful CEOs in America. He built American International Group (AIG) from a second-rate insurer with a great Chinese franchise into one of the world's most profitable companies. But times have certainly changed, and now, in the Second Edition of Fallen Giant, author Ronald Shelp-who worked alongside Greenberg and within the AIG organization for many years-with the help of Al Ehrbar, sheds light on both AIG, the company, and Hank Greenberg, the man. This fully updated Second Edition digs deep to uncover the latest developments for both Greenberg and AIG, such as the many lawsuits underway, including a criminal trial that will send five men-one who still works for Greenberg-to prison. It also chronicles the incredible story of how AIG was rescued by the Fed, and why the government had no choice in the matter. <ul>
<li>Includes new insights into the latest developments for both AIG and Hank Greenberg</li> <li>Reveals the real reasons behind the U.S. government's unprecedented bailout of AIG</li> <li>Explores AIG's history, starting in Shanghai in 1919, along with the downfall of its CEO</li> <li>Offers rare insights into how AIG almost collapsed</li> </ul>
Filled with international intrigue and expert business acumen, the Second Edition of Fallen Giant paints a compelling portrait of both the past successes and current crises of Hank Greenberg and AIG.

Biographies & Memoirs

Ehrbar, Al

Shelp, Ronald

Professionals & Academics

wiley

Called "today's hottest financial idea and getting hotter" by fortune magazine, Economic Value Added (EVA) is the topic of conversation in financial circles around the world, from Germany and Japan to Singapore and South Africa. A revolutionary strategy for creating corporate and shareholder wealth that measures a company's real profitability, it has been adopted by such prominent corporations as Coca-Cola, Eli Lilly, and Siemens AG-with spectacular financial results. Yet, despite its increasing visibility, most executives still only have a vague notion of what EVA is and what it can do for their company. This groundbreaking book explains and clarifies all. Written by Al Ehrbar, a leading business journalist and senior vice president at EVA inventor Stern Stewart &amp; Co., EVA: The Real Key to Creating Wealth provides a complete, accessible overview that examines how exactly EVA works, how it is measured, what it can do to structure incentives for employees, and why it is as potent as it is. At its most basic, Economic Value Added is a measure of corporate performance that differs from most others by charging profit for the cost of all the capital a company employs, including equity. To help translate principle into real-world practice, Ehrbar presents revealing case histories of EVA success stories, including those of Briggs &amp; Stratton, the U.S. Postal Service, and Coca-Cola, which was catapulted from mediocrity to the number one wealth creator in the world with the addition of EVA. An in-depth look at a breakthrough idea whose impact is being felt from corporate boardrooms to Wall Street, this indispensable book is must reading for business leaders looking to fully grasp-and profit from-"the real key to creating wealth."

EVA: The Real Key to Creating Wealth

Business & Money

Finance

In Fallen Giant, author Ron Shelp—who worked within the AIG organization for more than a decade—sheds light on AIG, the company, and Hank Greenberg, the man. Through in-depth research, candid interviews, and firsthand experiences, Shelp provides a detailed look at how AIG was originally created and reveals how Greenberg’s unrelenting drive to be the best may have led to his untimely departure from AIG.

Fallen Giant: The Amazing Story of Hank Greenberg and the History of Aig

Shelp, Ronald Kent

John Wiley&Sons, Inc.

The Verbatim story: The first twenty-five years

Greenwich Publishing Group

EVA Economic Value Added: Der Schlüssel zur wertsteigernden Unternehmensführung (German Edition)

Economics

Gabler Verlag

Eva Economic Value Added: Der Schlussel Zur Wertsteigernden Unternehmensfuhrung (German Edition)

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Books by Ehrbar, Al