Monday, January 28, 2013

AIG and Ethics: The Corporatization of Public Higher Education

AIG and Ethics: The Corporatization of Public Higher Education
"The notorious insurance monolith AIG gave two-thirds of the Ethics Center’s $16,000 first year budget. What might AIG’s intentions have been for funding the Center? AIG has not been known for its ethics. In fact, the insurer’s risky bets on derivatives were central to the 2008 economic crash. They received a $182 billion bailout. Yes, billion."