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Thanks for the ping. The letter is more evidence of incompetence in AIG execs. This appears to be from one of AIG's Mother Teresa types. He isn't though, because this guy's motivations are rooted solely in his desire for a fat wad of taxpayer cash and now he's developed a persecution complex that's resulted in this whining M. Teresa behavior.

First, I note DeSantis, an exec VP, was violating the minimum wage laws, by working for $1. He's also implicated Libby in the same scheme. He must have been confused though, because he was expecting to get a rather large wad of cash for his work. That's the cash he calls retention payments, which are BONUSES. I think Libby is too. I don't believe for a sec this whining clown was working for a dollar, or confused. He's just full of it.

He's been there for 11 years prior, working in equity and commodity trades. The exec VP material says he had no knowledge of the inherent problems with the credit default swap business of his own division, in which he claims he had significant investments. That's remarkable and sufficient cause for me to think either he's an friggin' idiot, or lying.

From DeSantis: "Some might argue that members of my profession have been overpaid, and I wouldn’t disagree."

I wouldn't argue that, except in this cases of this guy, or Libby. Poor misunderstood unloved persecuted bastards. I hope they don't start hittin' the bottle, or worse 'cause of this.