Is AIG Spending Too Much on Public Relations?

AIG CEO Edward Liddy was a model of fiscal discipline. Appearing before Congress last month, he committed the bailout billionaire to pay back its government loans, clean up the financial mess it created and act as “good stewards of the public funds we have received.” So why is AIG spending tens of thousands of dollars every month on four big p.r

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Blackwater founder, CEO resigns

Erik Prince, founder of the Blackwater Worldwide security firm, announced Monday he has resigned as head of the company, recently renamed Xe. Prince, in an e-mail to employees and independent contractors, said Danielle Esposito will become chief operating officer and executive vice president. Esposito has worked for the firm and its partners for nearly 10 years

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