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The New York Observer

Hank Greenberg to the Rescue

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October 20, 2005 | 11:58 a.m.

The World Trade Center Memorial Foundation announced today that it had surpassed the $100 million mark—the first indication of how much progress it has made towards its $500 million private fundraising goal. Biggest single donor ($25 million): AIG’s Starr Foundation, which is still chaired by Hank Greenberg even though he no longer runs the insurance company. Also, Deutsche Bank ($15 million) and Bank of New York ($10 million) pitched in, but no word yet from American Express or any of the other corporations that are looking down into that bathtub, waiting for it to be filled. -Matthew Schuerman

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