It is a classic case of megalomaniac superciliousness and brazen hypocrisy. Hank “the snake” Greenberg is suing the U.S. Government for $40 billion. His claim? The government was “unfair” to him and other shareholders when it pumped $184 billion of taxpayer funds into AIG to rescue it from certain bankruptcy. It may seem like only [...]
Entries Tagged as 'Business Ethics'
AIG’s Hank Greenberg is the Poster Child for the Greed, Arrogance, Hubris and Lack of Shame Exhibited by Many Big Bankers and the Denizens of Wall Street
October 12th, 2014 · No Comments · Business Ethics, Business Management, Financial Services, Improving Your Business Leadership
June 15th, 2014 · No Comments · Business Ethics, Business Management, Effective Leadership
A promise not met is worse than no promise at all While it may seem like only yesterday, it was 60 years ago or so when companies began to introduce what was then considered a revolutionary new management concept: “incentive compensation.” That’s an eternity, especially in the fast-changing business world where change can happen faster [...]
June 1st, 2014 · 1 Comment · Building Better Business Managers, Business Ethics, Business Management, Improving Your Business Leadership, Politics and Politicians Gone Awry
For a leader, the most difficult problem to solve is the problem you don’t know about. Well, the IED of bureaucracy has exploded. Eric Shinseki has been blown out as head of the Department of Veterans Affairs. Certainly, this was no surprise because in any bureaucratic organization, where true accountability is often impossible to identify, [...]