Archive for October, 2004

Will AIG’s Legal Problems Affect Their Long Term Care Product?

I just finished reading an article about AIG and collusion allegations by the New York Department of Justice. AIG’s Chairman, Hank Greenberg, is defending the business practices.

As a businessman, I understand that a business must do what it can to increase profits. I also know that the executives of public companies are under extreme pressure to constantly drive up the share prices of their