Outrage?

So a letter of resignation was sent on yesterday by one Jake DeSantis, an executive vice president of the American International Group’s financial products unit, to Edward M. Liddy, the chief executive of A.I.G. and is also printed in The New York Times today on the op/ed page.

It seems Mr. DeSantis is outraged (outraged!) that he has to give up his nearly $750,000.00 bonus through AIG because it came from the American taxpayers and our tax money.

Well bully for him.

He may even be right to be outraged because Chief Executive Liddy and all the rest of the bosses lead them down the wrong path, sure.

But the fact is, this is the ugly situation--AIG is bankrupt and the American taxpayer was getting screwed for all these billions of dollars. Unfortunately, he and a lot of others aren't getting what was promised them.

But you know what? There's a whole lot of wrong things happening and handing out these millions to the AIG staff doesn't make it right.

And if Mr. DeSantis can afford, as he obviously can, to give away the rest of this, he must not be doing badly himself.

Welcome to the real and ugly world, Mr. DeSantis.

Maybe someone at AIG should have stood up to the people in charge at AIG a long time ago.

Maybe then we wouldn't all be getting the big screw right now.


Link to full story here:
http://www.nytimes.com/2009/03/25/opinion/25desantis.html?_r=1&th&emc=th