1.In a narrative format, discuss the key facts and critical issues presented in the case. Examine the existence of both cooperation and conflict between the government and AIG in 2008.2.What role does corporate culture play in risk-taking and accountability? What about executive compensation? What other factors play a role in the accountability issues of AIG?3.Compare the costs and benefits of regulation. In your opinion, do the benefits outweigh the costs or do the costs outweigh the benefits. What are the advantages and disadvantages of deregulation. Also, please be sure and do an in-text citation and reference in your initial post.make sure each question has a minimum of 250 words.