The thought that occurred to me most strongly is that the relative ethical worthiness of these corporations can’t be adequately judged with just a couple of different numbers describing limited aspects of their performance. On the other hand, it’s important to remember that each and every one of these corporations, even Capital One, has set itself apart by coming to the government with cap in hand, begging for money.
When someone heads over to CafePress and searches for a button, bumper sticker or t-shirt carrying a message, they’ve got that message so strongly burned into their brains that they feel the need to express it publicly, on a physical object that they’ll pay money
When a shopkeeper uploads an image to CafePress to place on a t-shirt, a bumper sticker or a button, she or he is encouraged to add “tags” that describe an item. To assist in tagging decisions, CafePress will indicate how many people searched a particular
Having public scrutiny over the practices of financial firms is a good thing. Allowing them to keep their mismanagement hidden is what got us in this trouble in the first place.
Among the people who say that getting the AIG bonus money back is the wrong thing to do is Ron Paul, who also says that there is an international bureaucratic conspiracy…
Anyway, there are protests against corporate abuse of bailout money in scores of cities around the country scheduled for tomorrow. Check out the Take Back The Economy web site for information about what’s happening near you.
In order for insurance giant AIG to survive the consequences of its habit of speculative investment guaranteed by money it didn’t have, topped by investment insurance policies AIG couldn’t cover, the federal government has bailed out the monstrously big corporation to the tune of $170
An insurance company like AIG can be recreated. Coral reefs, once they’re destroyed, may not return for millions of years, if they ever come back. So, why is AIG getting such a big bailout, while NOAA, which protects the world’s oceanic resources, is getting a mere pittance?
What new name would you give for the acronym AIG?