Betrayed by AIG: Exec VP Resigns, Publicly Skewers CEO Liddy
Posted Mar 25, 2009 11:29am EDT by Aaron Task in Newsmakers, Banking

Outrage over the AIG bonuses took a new turn Wednesday as Jake DeSantis, an executive VP in AIG's notorious financial products (AIGFP) unit, expressed his outrage over how AIG employees have been treated, most notably by AIG CEO Edward Liddy.

"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," DeSantis wrote in a resignation letter to Liddy published in The New York Times.

etc. etc.

http://finance.yahoo.com/techticker/article/218382/Betrayed-by-AIG:-Exec-VP-Resigns,-Publicly-Skewers-CEO-Liddy

Reply:

Dear Mr. DeSantis,

Since we now own 80% of AIG due in large part to the abject failures of your division, you will understand that as your real boss, we do NOT approve of your bonus nor those of other AIG executives. We propose that your compensations be reduced to a level at or below the average of the taxpayers who bailed your sorry butts out. If you don't like it, I personally will be happy to take over your job at 10% below your current salary.

sincerely,

s1owhand

Nicely Put and Well Done

DUUUUUDDDDE!!!!!!

Its good to see the proletarians finally standing up to the burgoise