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Greenberg, Foundations, selling AIG Stock

(BestWire) — Maurice “Hank” Greenberg and companies and foundations that he controls are selling shares of American International Group Inc., the giant insurer he once ran, according to documents filed with the U.S. Securities and Exchange Commission as reported by Reinsurance magazine. AIG was taken over recently by the federal government.

The Sept. 25 filings said the stock will be sold at various times “for liquidity and other purposes.” In separate filings, one of the companies, Starr International Co. Inc., said it began selling 20

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