Fatal Risk - about AIG

[LongHaul]

I just finished this.  Great book about the history of AIG, Hank Greenberg, and the mistakes that created the downfall.

It was a fascinating read.

 

One story jumps out.  Martin Sullivan, the CEO after Hank, had a 2 hr meeting with a top level executive about AIG Financial Products (FP) when he took over as CEO.  His notebook didn't have any notes on it after the meeting.  And FP was complex.

 

edit: clarified FP

[Rainforesthiker]

I just finished this.  Great book about the history of AIG, Hank Greenberg, and the mistakes that created the downfall.

It was a fascinating read.

 

One story jumps out.  Martin Sullivan, the CEO after Hank, had a 2 hr meeting with a top level executive about FP when he took over as CEO.  His notebook didn't have any notes on it after the meeting.  And FP was complex.

 

what does "FP" stand for?

[Liberty]

I think he probably meant AIGFP:

 

https://en.wikipedia.org/wiki/AIG_Financial_Products