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Greenberg: AIG's Risky Subprime Activity 'Exploded' After He Left

National News • October 10, 2008
American International Group's (AIG) exposure to the subprime mortgage market that precipitated the government's $85 billion bailout came as a result of business conducted after he left the ...

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Subject: It's the Culture

Posted On: October 12, 2008, 9:37 pm CDT
Posted By: Outside looking In
Comment:
It is well known that AIG's culture has been to make your quarterly number or else. That "no excuses" culture leads to the type of risk taking that got them where they are now. AIG will get through this, but if the culture does not change, the next crisis may be their last.
Subject Posted By Posted On
RE: Glass-Steagall Act Matt
Oct 13, 2008, 2:01 pm
Greenberg' position on single family loans. Danny
Oct 13, 2008, 11:53 am
RE: RE: RE: Spitzer was right after all Greenberg Supporter
Oct 13, 2008, 10:46 am
Glass-Steagall Act Know your history
Oct 13, 2008, 9:07 am
RE: RE: Spitzer was right after all Matt
Oct 13, 2008, 8:29 am
It's the Culture Outside looking In
Oct 12, 2008, 9:37 pm
RE: Spitzer was right after all Long-Term-Investor
Oct 11, 2008, 9:23 am
Hank (aka Alfred E Neuman) "what, me worry? anon the mouse
Oct 10, 2008, 3:35 pm
Poor Hank jimmy john
Oct 10, 2008, 3:05 pm
RE: No blame SPECTATOR
Oct 10, 2008, 2:40 pm
Spitzer was right after all greedy
Oct 10, 2008, 2:22 pm
No blame liz
Oct 10, 2008, 1:24 pm
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