Every now again there is a well-written post that is worth passing along. This is such a post.
If you didn't see Edward Liddy last week being questioned by members of congress, it wasn't a pretty site. However, CEO Liddy, who is making exactly $1.00 dollar this year, did as well as any leader in a no-win situation could do. While I cannot excuse AIG for massive mismanagement, and congress continues to exacerbate the situation, what Liddy did is a classic example of how to deliver an unpopular message in front of a hostile crowd.
How AIG's Edward Liddy Lived to Fight Another Day
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