AIG toning down rhetoric with Greenberg, agrees to arbitration


New CEO Robert Benmosche made good on his promises to change the tone at AIG (AIG). First he slowed sales of assets, now he wants to work toward settling legal disputes with Hank Greenberg, agreeing to binding arbitration if necessary to end their long-running legal battles.

Benmosche told the Wall Street Journal that the legal disputes are "disruptive." In a interview with the Journal, Benmosche said he wants Greenberg's criticism and support. While Benmosche admitted the world is not very happy with Greenberg's track record, he does think he can help with the solutions.