Rhymes with Scritti Politti, the British pop sensation almost as disgraceful as AIG. Forgive my skepticism, but we’ve down this road before. Last time, it was AIG executives supposedly taking money baths at high-end California spas. Populist outrage reigned; sanctimonious politicians thundered. Problem was, they weren’t AIG execs, they were agents in Cali as part of the incentives packages built into their compensation plans. Media outlets dutifully reported the misinformation, with Anderson Cooper repeating that it was a retreat for executives even though the very piece he was introducing debunked the charge. Sounds crazy; if you want to sell product, it’s wise to motivate and incentivize the people actually selling the product. Part of the trip itinerary included presentations on AIG product. So … you have a captive audience of top company agents in a conference room for three days to highlight the benefits the company’s products provide. What, exactly, is the problem?
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