Section 64 Summary
| Library | Business Transitions 2009 Supp |
The combination of the Madoff and Stanford frauds—see §7.71 of this supplement—the well-publicized collapses or near collapses of numerous legendary nationally known businesses and banks, the compensation excesses of the American International Group, Inc. (AIG) and the Wall Street investment houses, the general outrage regarding both the need for, and ultimate cost of, the various governmental rescue/bailout packages, and the expected government-imposed regulation and taxes have left many Americans not...
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