The Boss On the Sidelines

摘要

If anybody needed proof that the new balance of power in Corporate America has shifted,Maurice R,"Hank" Greenberg provided it on Sunday,Mar.13.While the imperious chairman and CEO of American Interna-I tional Group Inc.was holed up aboard his yacht on the Florida coast,his company's independent directors were packed into a conference room in their lawyer's Manhattan office.The board members faced an urgent crisis:a growing accounting scandal that seemed to lead straight to the CEO.As directors debated whether to cut Greenberg loose,the 79-year-old titan lashed out at them by telephone."This board is being run by a bunch of lawyers who can't spell the word 'insurance,'" he shouted."