Boosting the minimum wage may cost as many as 500,000 people their jobs, said a new report from Congress’s financial scorekeeper that diminishes chances for an agreement on one of President Barack Obama’s priorities.
Hank Greenberg was the son of Romanian Jews who spoke Yiddish at home. As a Detroit Tiger, he was dropped into a state whose industry was controlled by one anti-Semite (Henry Ford) and whose airwaves were poisoned by another (Father Charles Coughlin).
Hank Greenberg, chairman and chief executive officer of Starr International Co Inc. and former chairman and CEO of American International Group, discusses how he built AIG into a global powerhouse, the forces that led to his forced departure from AIG, and its subsequent bailout by the federal government. Greenberg talks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."
Maurice “Hank” Greenberg, former chairman of American International Group Inc., said President Barack Obama’s shift in approach undercut Secretary of State John Kerry’s efforts to punish Syria for use of chemical weapons.