AIG and Big Think
When times on Wall St. are tough (and moral hazard seems again missing in action) one turns to experts, knowledgeable sources:
The story was soon updated to eliminate that infelicity. For the record, that was not someone named John or Sylvia Person:
AIG Will Be Headed by Ex-Allstate CEO Edward Liddy, Person Says
American International Group Inc., the insurer that was saved by the U.S. government, will be run by former Allstate Corp. Chief Executive Officer Edward Liddy, a person familiar with the takeover said.Curious to learn more about our new CEO - (we own it now, right?) -- we turn to Big Think, which purports to offer ideas by experts. There we find "Ideas by Edward Liddy":
Big Think is still in beta. Mr. Liddy, we hope to think, is not. Here's his sole Big Thunk so far. Interestingly, it begins:
No two leaders and no two companies are alike. In different settings and in different times, we all face very different challenges. Sometimes for example, CEOs are called upon to turn a company around, rescue a business that's failed or is failing.Update: Mr. Liddy, formerly head of Allstate Corp., gets pat on head from WSJ.