Wednesday, March 25, 2009
AIG VP AWOL ASAP in NYT
Posted by John Grooms on Wed, Mar 25, 2009 at 1:50 PM
Today, the AIG debacle took on a more human aspect as Jack DeSantis, one of the company's executive vice-presidents, published an open letter of resignation to the AIG CEO on the Op-ed page of the New York Times.
DeSantis accuses AIG upper management of betraying the public and its employees, and vows to "leave the company and donate my entire post-tax retention payment [one of the bonuses everyone's riled about] to those suffering from the global economic downturn. My intent is to keep none of the money myself."
It's an amazing letter and is well worth taking the time to read the whole thing here: http://www.nytimes.com/2009/03/25/opinion/25desantis.html?ref=opinion
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