Susan Minow : People often play crucial role of company board of directors . She says AIG 's board is ultimately responsible for the firm 's failure . Minow : Retention of employees may be a legitimate goal of a compensation program , but it can be accomplished in a way that is both effective and credible by being tied to performance goals and by delaying vesting until after the bailout funds are returned to taxpayers . Many board members should be held to account . She says many finance firm board members are too busy on other projects .
Susan Minow : People often play crucial role of company board of directors . She says AIG 's board is ultimately responsible for the firm 's failure . Minow : Many board members should be held to account . She says many finance firm board members are too busy on other projects .