Greenberg takes to stand in fraud trial

Former AIG chairman and CEO Hank Greenberg has said he was
"trying to teach a lesson" to managers when he refused to
take out reinsurance for the carrier's underperforming auto
warranty book in the early 2000s.
The 91-year-old executive took to the stand in a New York court
yesterday as he faced questioning as part of an ongoing trial into
fraud allegations.
The New York Attorney General's office is attempting to
prove that Greenberg approved two financial exercises between 2000...