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View Diary: A business woman's question for AIG. Are you freaking out of your minds? (44 comments)

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  •  Joining a lawsuit against the US govt? (1+ / 0-)
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    For .... bailing them out of financial trouble...

    Um, I don't need to be a member of any B of Ds to know that this is stupid as hell.

    •  Yep... (1+ / 0-)
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      and although AIG did not ultimately join that lawsuit, the point of my diary is that the company was derelict in not getting ahead of this story, in not stating that being ASKED to join in this law suit is not the same as agreeing to it.

      There are several on this thread that want to tell me about how deep and entrenched the power of the board of directors is.

      But I have replied that EVERY American company must make day to day decisions without the sign off of the BOD.  AND, that the same BOD that is so fussy about what was said, how, is now, you best be believing it, asking why AIG allowed the company to suffer this incredibly bad bout of publicity.

      Because even if they voted against joining the law suit, at this point it's kind of like how the accused hit the front page, and acquitted get the back page.

      "A typical vice of American politics is the avoidance of saying anything real on real issues." Theodore Roosevelt.

      by StellaRay on Wed Jan 09, 2013 at 09:13:35 PM PST

      [ Parent ]

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