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Employ critical thinking skills to assess the decisions made by Kenneth Feinberg regarding executive compensation at AIG. Analyze the justifiability of these decisions by considering
Employ critical thinking skills to assess the decisions made by Kenneth Feinberg regarding executive compensation at AIG. Analyze the justifiability of these decisions by considering factors such as public interest, fairness, and the economic context. Evaluate the effectiveness of Feinberg's approach in balancing the need for financial responsibility with retaining talent and motivating executives. Discuss potential alternative decisions and their potential consequences. Propose ethical frameworks or principles that could guide decisionmaking in similar situations involving government oversight of executive compensation.
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