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I told you no one ever won any money betting against Hank Greenberg. While I was skeptical he would triumph over his old firm, AIG, in a court battle of the titans over funds allegedly set aside for executive compensation, wondering whether this would be his “last stand,” the jury’s verdict in his favor has turned out to be his last laugh.

I wasn’t alone in my conviction that AIG had the upper hand in this high-profile trial. Indeed, 43 percent of those responding to NU’s latest online poll said the verdict would go AIG’s way. But it was not to be.

As reported by NU’s Mark Ruquet earlier this week, “a federal jury in Manhattan rejected a claim by American International Group that Starr International Company (SICO), headed by Maurice Greenberg, was obligated to hold shares of AIG stock in trust for retiring AIG employees.”

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