Managers at American International Group became involved in very high-risk insurance that caused the company to be on the hook for billions of dollars.The U.S.government ended up giving hundreds of billions of dollars to the company to keep it afloat.This was an example of
A) improper financial management.
B) insider trading.
C) irresponsible behaviour toward employees
D) misrepresentation of finances.
E) insurance fraud.
Correct Answer:
Verified
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