That is the prospect raised by a NYT article reporting that many of the top execs at AIG are being lured away to a company established by Hank Greenberg, the former CEO of AIG. It would have helpful to note that many of the people leaving the company likely played some role in either carry through to allowing the issuance of the credit default swaps that led to the company’s bankruptcy. It is not clear that losing these people would pose a problem.

–Dean Baker

Dean Baker is senior economist at the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. Read more about Dean.