Who is AIG? American International Group‚ Inc. (AIG) is a leading provider of insurance and retirement solutions. Headquartered in New York City‚ AIG has principal offices for its international operations located in London‚ Hong Kong and La Defénse. AIG companies serve commercial‚ institutional and individual customers in more than 130 countries and employs 63‚000. Through its multiple company segments‚ AIG also provides services in the life insurance and retirement services industries. AIG is divided
Premium Insurance Investment
Professional Conduct Creative Minds is accredited by the National Association for the Education. Therefore‚ our agency stands by the guidance offered by the NAEYC Ethical Code of Conduct. It promotes responsible behavior and sets forth a common basis for resolving the principal ethical dilemmas encountered in early childhood care and education. We believe all childhood professionals need to be familiar with the knowledge base of early childhood care and education. Also‚ we believe it is critical
Premium Childhood The Child Developmental psychology
1. What‚ if any‚ were the relevant institutional voids in China? The relevant institutional voids for AIG in China were: 1. Macro level political and social context- media and non-governmental institutions had very little influence‚ but the government did‚ there was a political power monopoly. 2. Macro level openness of the economy – the Chinese economy lacked openness to foreign direct investment. 3. Product markets – there was weak property right protection‚ in the Chinese market there was
Premium Investment Insurance Economics
Ethical Code of Conduct for St. Chadwick General Hospital Staff Members Course: MHA 622 Health Care Ethics & Law By: Instructor: October 21‚ 2014 Facility Background St. Chadwick General Hospital was built and inaugurated in the year 2013. Since then‚ the corporation has been proud to provide quality care with the highest of ethical standards‚ and integrity. With the combination of a strong code of ethics‚ high levels of integrity‚ and the addition of compassion‚ St. Chadwick
Premium Law Health Insurance Portability and Accountability Act Ethics
Written Brief #4 Ethical conduct on its surface seems like a simple enough area to grasp firmly and abide by. Most people are born hard wired with a certain sense of order that is conventionally thought of as ethical conduct. Ethical conduct cannot be gauged and categorized due to its ever changing nature. Today’s public administrators face many dilemmas in regard to ethical conduct. This is not because today’s public administrators are inherently evil. This is mainly due to the elevated
Premium Public administration Bureaucracy Ethics
Pre-September 2008: The AIG Crisis Over the years‚ AIG built upon its premier global franchises in life and general insurance by expanding into a range of financial services businesses. One of these‚ created in 1987‚ was AIG Financial Products Corp. (AIGFP)‚ a company that engaged as principal in a wide variety of financial transactions for a global client base. In 1998‚ AIGFP began to sell credit default swaps to other financial institutions to protect against the default of certain securities
Premium Subprime mortgage crisis Debt Investment
Generale‚ Deutsche Bank AG and UBS AG. That’s about half the $66.7 billion that those companies‚ the five biggest beneficiaries of loans and capital infusions for AIG‚ said they spent on pay and benefits last year for employees‚ some of whom created or traded toxic subprime assets that proved deadly for lenders. The bonuses paid by AIG and the banks were allowed under a congressional exemption from compensation limits on companies getting government rescue funds. The Treasury staff requested the
Premium Bank of America Goldman Sachs
1 NAEYC Code of Ethical Conduct Revised April 2005 POSITION STATEMENT naeyc Code of Ethical Conduct and Statement of Commitment Revised April 2005 A position statement of the National Association for the Education of Young Children Endorsed by the Association for Childhood Education International Adopted by the National Association for Family Child Care Preamble NAEYC recognizes that those who work with young children face many daily decisions that have moral and ethical implications. The NAEYC
Premium Ethics Early childhood education Childhood
Coping with Financial and Ethical Risks at American International Group (AIG) 1. Discuss the role that AIG’s corporate culture played in its downfall. The corporate ethical culture at AIG was far from a good one. The corporate culture focused on high risk taking schemes that were only there to focus mostly on short-term financial gain. The AIG Financial Products unit specialized in derivatives and other complex financial contracts that were tied to subprime mortgages or commodities. While its
Premium Risk Philosophy Ethics
education. The NAEYC Code of Ethical Conduct is the position statement of the association providing guidelines for those who work in any sort of early childhood care. Also provided by NAEYC in this document is their Statement of Commitment which‚ while not a code‚ offers specific morals and values that should be acknowledged while working in the early childhood field. By providing practitioners with these guidelines it helps those who care for children make responsible ethical and moral decisions that
Premium Education Childhood Learning