Monday, October 26, 2009


BANZAI7 NEWS--Hank Greenberg, who built the American International Group into a systemic hydrogen bomb sitting on top of an impenetrable maze of on- and offshore companies, is at it again.

Even as he has been lambasting the government for its handling of A.I.G. after its near collapse, Mr. Greenberg has been quietly building up a family of insurance companies that could compete with the blackhole known as A.I.G.

Greenberg is reportedly disappointed that his previous systemic Frankenstein did not take the whole system down last September and wants another go.

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