http://www.sitesoright.com/blog/the-economic-crisis-of-excess-%e2%80%93-aig-madoff-and-you-202 ...whatever is true, noble, just, pure, lovely, of good report, of any virtue, anything praiseworthy - meditate on these... Tue, 21 Sep 2010 23:49:04 -0500 hourly 1 http://wordpress.org/?v=3.2.1 http://www.sitesoright.com/blog/the-economic-crisis-of-excess-%e2%80%93-aig-madoff-and-you-202/comment-page-1#comment-17 BobbyC Mon, 30 Mar 2009 21:40:27 +0000 http://www.sitesoright.com/blog/?p=202#comment-17 I'm livid about the AIG bonuses, but it goes beyond that. If you follow the chronological events, it shows that they just made one bad decision after the other. What should have happened is that the CEO - Edward Liddy should have been required to step down. Just like Rick Wagoner, the CEO of General Motors (GM) - not as an indictment of him personally, but at some point leaders must be held accountable and he is the captain of the ship. I bet if we held more CEOs, General Managers and middle Mangers more accountable - shape up or ship out - we would then see better results overall in business management and taxpayers wouldn't end up suffering in the long run. Cut the head honchos' jobs and save thousands of middle/working-class workers from unemployment. I’m livid about the AIG bonuses, but it goes beyond that. If you follow the chronological events, it shows that they just made one bad decision after the other. What should have happened is that the CEO – Edward Liddy should have been required to step down. Just like Rick Wagoner, the CEO of General Motors (GM) – not as an indictment of him personally, but at some point leaders must be held accountable and he is the captain of the ship. I bet if we held more CEOs, General Managers and middle Mangers more accountable – shape up or ship out – we would then see better results overall in business management and taxpayers wouldn’t end up suffering in the long run. Cut the head honchos’ jobs and save thousands of middle/working-class workers from unemployment.

]]> http://www.sitesoright.com/blog/the-economic-crisis-of-excess-%e2%80%93-aig-madoff-and-you-202/comment-page-1#comment-14 NickiB Sun, 29 Mar 2009 16:02:17 +0000 http://www.sitesoright.com/blog/?p=202#comment-14 The "AIG Crisis" only seems to get worse as the days go by and I keep wondering what is going to pop up next. It is a sad thing but even so, I think that the executives are being unfairly 'crucified'. They're contracts entitle them to pre-defined compensation and they too have bills to pay. The “AIG Crisis” only seems to get worse as the days go by and I keep wondering what is going to pop up next. It is a sad thing but even so, I think that the executives are being unfairly ‘crucified’. They’re contracts entitle them to pre-defined compensation and they too have bills to pay.

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