Yesterday, on The Business Insider, we noted the appalling fact that the head of AIG's risk management team still has his job. Today, the WSJ follows up by noting that the WHOLE AIG RISK MANAGEMENT TEAM still has their jobs. The apparently incompetent overseer of Citigroup's risk-management group got an $8 million retention bonus last year. And so on.
So much for the myth of accountability.
Firing, as Leona Helmsley might have said, is for the little people. In today's American...
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