Ex-Chief Returns, Luring Talent From Bailed-Out AIG(nytimes.com)
nytimes.com
Ex-Chief Returns, Luring Talent From Bailed-Out AIG
http://www.nytimes.com/2009/10/27/business/27aig.html?_r=1&ref=business&pagewanted=print
2 comments
It's an interesting A/B test. A is a big insurance company, owned by the taxpayers; B is a small insurance company, owned by one super-ambitious, super-greedy guy. I'm willing to bet that B will be paying more in income taxes (corporate and individual) than A pays in interest on its government debt.
I hesitated to post because it might be considered "political." However, I thought HN-ers would be interested in the economics of market self-correction.