In the Netherlands ABN-Amro has raised some questions since it like Wallstreet corporations has leaned heavily on public money and local, dutch political support to survive the financial crisis. What are now typical wrong signals and actions a corporate company could give in that situation to society? AEGON seems to show in this respect how. Typical bad financial crisis behavior 101:
- FAIL and demand public money?
- Abuse money for quick unfair gain?
- Fight public protection and progress against own mistakes?
- Fire people?
- Maintain excessive undeserved salaries, until forced to stop?
- Show no respect and threat to jump the ship which saved you?
Adding this list up, corporate responsibility and moral behavior lessons [read enforcement] seem even more prudent in crisis than in booming times. Quite odd. Columnist René Tissen opion of AEGON “unbelievable arrogance” might not be misplaced.