The NY Times featured an op-ed contribution by Jake DeSantis, former VP of the AIG Financial Products division. Mr. DeSantis posted his resignation letter to AIG's CEO, Ed Liddy to the NYT. To read the full letter...http://www.nytimes.com/2009/03/25/opinion/25desantis.html?_r=1. Its worth your time.
Based on this letter, there are a lot of wrongly maligned, hard working people at AIG. These people are owed very public apologies from Nancy Pelosi, Barney Frank, Andrew Cuomo and Richard Blumenthal
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Once again by the time we heard about this it was "old news" since most of the key players already knew about the bonuses but needed someone to take the heat.
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