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February 12, 2012
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Open Thread

By NB Staff | March 25, 2009 | 08:51

Change font size:  A |  A

For general discussion and debate. Possible talking point: Dear AIG, I Quit!

After 12 months of hard work dismantling the company — during which A.I.G. reassured us many times we would be rewarded in March 2009 — we in the financial products unit have been betrayed by A.I.G. and are being unfairly persecuted by elected officials. In response to this, I will now leave the company and donate my entire post-tax retention payment to those suffering from the global economic downturn. My intent is to keep none of the money myself. I take this action after 11 years of dedicated, honorable service to A.I.G. I can no longer effectively perform my duties in this dysfunctional environment, nor am I being paid to do so. Like you, I was asked to work for an annual salary of $1, and I agreed out of a sense of duty to the company and to the public officials who have come to its aid. Having now been let down by both, I can no longer justify spending 10, 12, 14 hours a day away from my family for the benefit of those who have let me down.

The vast majority of Americans -- including intellectually dishonest media members, politicians, and our current president!!! -- have NO idea what brought AIG down, how few people were involved in its credit default swap scheme, and who received the much talked about bonuses. Read this entire letter from a former AIG employee to better understand the truth as well as the scapegoating.

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