September 16, 2008

Eliot Spitzer's vendetta led to the untimely ejection of the world's most admired and respected insurance executive from the worldwide colossus of a company he had built (details here, here, here, here, here, here, and here). Greenberg was replaced by a management team almost universally regarded as unable to fill his shoes. Would AIG be better equipped to ride out this storm -- or perhaps not have landed in it in the first place -- had its mastermind stayed in charge? Larry Ribstein wonders, and many others may be wondering too. More: DealBreaker.