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Title: Is there any merit to AIG's claim that some of the apparently lavish activities in which it had ... Post by: sinnopal on Feb 7, 2018 Is there any merit to AIG's claim that some of the apparently lavish activities in which it had been engaged were standard industry practice?
It is difficult to cling to usual business practices when the act of receiving a massive federal government bailout suggests that those practices are flawed. A new business environment required new business sensibilities. In accepting the bailout, the company failed to realize that it was dealing with powerful new stakeholders, taxpayers, and politicians. Title: Is there any merit to AIG's claim that some of the apparently lavish activities in which it had ... Post by: trm1986 on Feb 7, 2018 It is difficult to cling to usual business practices when the act of receiving a massive federal
government bailout suggests that those practices are flawed. A new business environment required new business sensibilities. In accepting the bailout, the company failed to realize that it was dealing with powerful new stakeholders, taxpayers, and politicians. |