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The AIG Game Changer
The Provocateur ^ | 03/25/2009 | Mike Volpe

Posted on 03/25/2009 2:07:15 PM PDT by fiscon1

In today's New York Times, an employee of AIG has written a commentary that is in effect his so called two weeks notice. The employee, Jake Desantis, may have spun this scandal on its heels and turned it again into a direction no one expected.

DeSantis explains that most of the current staff of its troubled Financial Products unit were not there when the unit practiced terribly irresponsible policy in marketing and writing the credit default swaps that have caused so much trouble. In fact, most of the units' current employees were brought into the division in order to try and clean up the mess as best they could. DeSantis, like Liddy, has spent nearly the last year working at AIG for one dollar. In fact, he largely took on the role because AIG promised him the very bonus that is now the subject of so much scrutiny and controversy.

(Excerpt) Read more at theeprovocateur.blogspot.com ...


TOPICS: Government
KEYWORDS: congress; domesticpolicy; jakedesantis; whoisjohngalt

1 posted on 03/25/2009 2:07:15 PM PDT by fiscon1
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To: fiscon1

Atlas isn’t just shrugging, he took that burden and slammed it to the ground and is walking away.


2 posted on 03/25/2009 2:15:06 PM PDT by mnehring
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To: mnehring

Who’s Atlas?


3 posted on 03/25/2009 2:16:28 PM PDT by fiscon1
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To: fiscon1

Allusion to Ayn Rand’s book Atlas Shrugged.. it was a statement by d’Anconia giving Rearden advice, asked, if you saw Atlas (the Greek god pictured holding the earth) and he was burdened with the weight of the world on your shoulders, what would you suggest he do- the answer was ‘shrug’.


4 posted on 03/25/2009 2:20:49 PM PDT by mnehring
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To: mnehring
About damned time, too.

Frankly I'm shocked the NYT even printed it.

L

5 posted on 03/25/2009 2:22:04 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: fiscon1

I not the least bit surprised. Lib’s are ALWAYS on the wrong side of issues.

Can’t fix Stupid.


6 posted on 03/25/2009 2:22:41 PM PDT by ImJustAnotherOkie
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To: Lurker

Who is Jake Desantis?

New rally cry?


7 posted on 03/25/2009 2:23:05 PM PDT by mnehring
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To: mnehring

Who is Jake DeSantis?

YOU maybe be Jake DeSantis!


8 posted on 03/25/2009 2:27:41 PM PDT by PennsylvaniaMom (Obama Speeches--Teleprompter In Chief--TIC Talk)
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