Arrogance, Incompetence & Greed, Inc.
The new name given to failed, mega-conglomerate, American Insurance Group, for taking $170 billion in federal bailout money with the right hand and, with the left, doling out $165 million in bonuses to the same execs who ran the company into the ground in the first place.
Now the universally recognized symbol for corporate greed and/or corruption.
For the American public, AIG now stands for "arrogance, incompetence and greed," (credit Rep. Paul Hodes, D-N.H. Mar. 18 2009)
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