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AIG is the thousand pound gorilla in insurance. I always wanted to know more about the insurance company. I know that they do a lot more other than insurance, but I don't have a MBA to fully understand all of the terms. It was most interesting to listen to "The AIG Story" from Mr. Greenberg's point of view and how he formed the group and hired his employee with a handshake, and the drama of getting him outcasted in his own firm. I've read my fair amount on finance, but "The AIG Story" is sub par among them all.
1 of 1 people found this review helpful
... on everything, but if you want to see, blow by blow, how a business and insurance genius built a world-beating company, have a look. This man's success is not hard to understand, in this light. There are several books out (on audible as well) on aspects of this topic, but nobody has told Mr. Greenberg's story, anything like this. It is filled with action, conversations, confrontations, all the dynamics on the way up. The way things unfolded for AIG in recent times was very unfortunate, and I'm not going to get into one side or another of the blame game. Whatever your conclusions may be about it, this is time well spent for anyone following the story, or aspiring to climb in the corporate world, or just for the avid business history fan. And I love that this book delves into the insurance themes, substantially (if lightly enough to keep moving). Many authors seem to think they can tell the AIG story (and perhaps sell books) as some sort of catchy human-drama-and-hubris story while omitting that. It is important to see what products Mr. Greenberg was innovating and selling, as a part of the description, to really get the story.
3 of 4 people found this review helpful
I was hoping for more on the economics of the insurance business but Maurice Greenberg's career story was still very educational
I can't comment on the story but I couldn't listen to more than 5 minutes because of the narration. The narrator has a really strange style where he emphasizes every word, which makes it very difficult to listen to. Maybe you'll be OK, but make sure to listen to a sample before you buy.