What If GM or AIG Were a Non-Profit?
What if GM or AIG were treated like a charitable organization, non-profit or not-for-profit company? Would we prop up bad management for the sake of the mission? I don't think so.
What if GM or AIG were treated like a charitable organization, non-profit or not-for-profit company? Would we prop up bad management for the sake of the mission? I don't think so.
Roger Smith | Posted 04.26.2009 | Business
I went back to Mr. DeSantis' tear-stained letter of resignation, and tried to see if indeed his outrage at the very idea of being asked to give his bonus back possibly justified. I quickly concluded, No way.
Mitchell Bard | Posted 04.26.2009 | Business
You would think that those who created the financial mess would have some humility. But you would be wrong. DeSantis's letter is just one example.
Etan Bednarsh | Posted 04.25.2009 | Business
It took us a long time to get to a calm place with AIG. Amazingly, it took Scott Herman a lot less time.
NY Times | Posted 04.25.2009 | Business
The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group's financial products unit,...
Cameron Sinclair | Posted 07.02.2009 | Business