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That's some big speculation about AIG, and on the part of having women on a board. What makes you think the board didn't know what was going on? They put, and
by Leon 17y ago
That's some big speculation about AIG, and on the part of having women on a board. What makes you think the board didn't know what was going on? They put, and kept in, the CEO, one of the biggest reasons for AIG's collapse. And besides, it wasn't just their over exposure to mortgage backed securities. It was endemic of the entire company.
Here is a great piece on AIG's collapse, it was previously on HN, and is the best article about it I've read yet:
http://www.vanityfair.com/politics/features/2009/08/aig200908 http://www.vanityfair.com/politics/features/2009/08/aig20090...