Jake DeSantis – Compliance Building

The Collapse of AIG

Doug Cornelius September 15, 2009September 15, 2009 Compliance Bricks and Mortar 1

There have been many stories about the collapse of AIG. There have also been many stories about the internal flaws at AIG. The pitchforks were out when bonuses were announced in March. One of those executives was Jake DeSantis who wrote a New York Times OP-ED about his bonus. (AIG Bonus – My Thoughts) It … Read more »

AIG Bonus – My Thoughts

Doug Cornelius March 25, 2009April 15, 2009 Corporate Governance 4

I have not said much about the AIG bonus hullabaloo. Frankly, I thought the outrage was ill-informed and silly. AIG wanted to keep some people around to help fix the mess it was in. Any sensible person would have one foot out the door of AIG looking around for a more stable employment opportunity. So … Read more »