2010, serialized over three parts, Greenberg stated that he did not condone AIG's strategy of selling non-core assets to pay back the United States government, and believed the terms under which AIG was provided access to bail-out funds needed to be renegotiated. Other public positions Greenberg is chairman emeritus of the US-ASEAN Business Council. He was also vice chairman and director of the Council on Foreign Relations and a member of David Rockefeller's Trilateral Commission. He was awarded "CEO of the Year 2003" by Chief Executive magazine. In 1990 Greenberg was appointed by Zhu Rongji, then Mayor of Shanghai, to be the first chairman of the International Business Leaders' Advisory Council for the Mayor of Shanghai. In 1994 Greenberg was appointed senior economic advisor to the Beijing municipal government. He was awarded "Honorary Citizen of Shanghai" in 1997. He is a member of the advisory board of the Tsinghua School of Economics and Management, a member of the International Advisory Council of the China Development Research Foundation and China Development Bank. Greenberg was appointed as a member of the Hong Kong Chief Executive's Council of International Advisers where he served from 1998 to 2005. He is a former chairman and current trustee of the Asia Society, a trustee emeritus of the Rockefeller University, and is an honorary trustee of the Museum of Modern Art, all three institutions founded by the Rockefeller family. He is also a former chairman and current member of the US–Korea Business Council and a member of the US-China Business Council. Greenberg also sits on the steering committee of the China–United States Exchange Foundation. He has served on the board of directors of the New York Stock Exchange, the President's Advisory Committee for Trade Policy and Negotiations, and the Business Roundtable. He was a director of the Federal Reserve Bank of New York from 1988-1995 and served as its Chairman from 1994-5. He is vice-chairman of the board of directors of the National Committee on United States – China Relations. Greenberg is chairman emeritus of the Board of Trustees of New York-Presbyterian Hospital and joined the Board 1979. He serves as a member of the board of overseers of the Weill Cornell Medical College of Cornell University, as a life trustee of New York University, a trustee for the School of Risk Management, Insurance, and Actuarial Science and is the chairman of the Academic Medicine Development Company.