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Tag Archives: AIG
Karl Marx
Politics… sure everyone has their own opinions, but Heartless Capitalist’s comments on the cohesion of politicians and wealthy elites in the blog Updating Political Power mirror a discussion of Karl Marx and the role of government in a capitalist society. Heartless comments on … Continue reading
Accountability? Say What?
I was reading Google News earlier today and saw an article about the Occupy Wall Street movement going on right now. It talks about one man, Hero Vincent, who is an unofficial spokesperson for Occupy Wall Street and how he … Continue reading
Posted in Business, Government, Society
Tagged accountability, AIG, Bailout, Economy, Occupy Wall Street, Wall Street
1 Comment
The world’s ending but f*ck it. We’re still rich, right?
The past couple of weeks in MGMT 312 have seen a lot of discussion of the 2008 financial crisis. We read several intriguing articles, and were presented a case study of AIG, the insurance company that received an $85 billion … Continue reading
Posted in Business, Ethics, Uncategorized
Tagged AIG, Corporations, Ethics, finance, Greed, Inside Job
3 Comments
Austerity
Politicians discussing tax reform, economists commenting on the greek debt crisis, and pressures on Nike to pay higher wages all have one thing in common: Austerity. With the need for budget cuts and federal budget reform to prove Aaa credit … Continue reading
Posted in Cases (Real World), Class
Tagged AIG, austerity, Globalization, Nike, wages
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Too Many Ethics Cases to Count
I was on the New York Times online earlier today and an article heading caught my eye. The article is called “S.E.C. Refers Ex-Counsel’s Actions on Madoff to Justice Dept.” and it is about the Madoff scandal and the ethics … Continue reading
AIG, the government, and more…
After reading the AIG case and presenting on it last week, I have a hard time understanding how companies can keep at it the way they are these days with the mindset that they will never have any problems or … Continue reading
Stupid Credit Agencies
I feel like credit agencies should receive more blame and public criticism for the collapse of Enron and AIG. The credit agencies did not do their job adequately and gave these companies a triple A rating when they did not … Continue reading
Posted in Blogging, Cases (Real World), Class, Ethics
Tagged AIG, Credit Agencies, Enron, Ethics
7 Comments
AIG vs. Enron
When reading this week’s case, I could not help but notice the similarity between the downfall of AIG and the collapse of Enron from last week. Enron had, in my opinion, a poor business model to begin with as was … Continue reading
Posted in Cases (Real World), Ethics, Uncategorized
Tagged accounting, AIG, Enron, Ethics, failure, policy
11 Comments