Ousted AIG chief executive Maurice Greenberg has told a group of former and current AIG executives that his representatives will be meeting regulators soon to discuss the accounting scandal at the insurer, according to a source at the annual meeting of C.V. Starr & Co.
An AIG representative declined to comment.
Shares of C.V. Starr are held by current and former AIG executives as part of a long term compensation plan. Greenberg said he would stand by the C.V. Starr commitment to its shareholders as a compensation program and defended the accounting for the program by AIG that has come under fire from regulators, the source said.
Greenberg, who under advice of counsel has not spoken in public, said he was putting together a series of white papers and that he would provide a copy of these to the collected shareholders.
