NEW YORK–Other than a couple of pointed questions, stockholders attending the annual meeting of American International Group had a mild reaction to the company's announcement last week of a $7.8 billion first-quarter loss.

The meeting, which was circled with security personnel, came in the wake of Sunday's written attack made on the company's corporate management by Maurice R. Greenberg AIG's former chairman and chief executive officer.

Mr. Greenberg called for a postponement of AIG's meeting to give shareholders time to digest the company's recent actions and losses. He wrote that the company “is in crisis” and that shareholders need time to “give careful thought to how best to move AIG forward.” He said the company had seen a “deterioration” and was endlessly losing value, and questioned AIG's move to raise money in the capital markets.

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