The Mindset of an AIG executive

(Blog Post) A few things struck me in the “resignation letter” of Jake DeSantis, an executive vice president of the American International Group’s financial products unit. (People don’t normally forward their letters of resignation to The New York Times)

First, of course, is his justified sense of outrage at having been abandoned by his boss, AIG chief Ed Liddy, before Congress and at having his bonus essentially taken away. “Like you, I was asked ... Full Story »

Posted by Michael Bugeja

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4.0
by Michael Bugeja - Mar. 25, 2009

This blog post delivers on its title, explicating with reason and common sense the mindset of an AIG executive. In addition to the author's analysis, you get to read the resignation letter forwarded to the New York Times by Jake DeSantis, an executive vice president of the American International Group’s financial products unit.

The justification that DeSantis utilizes in his resignation letter is insulting to those who realize he also had the ethical obligation to put a halt to bad business practices.

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