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AIG Resignation Letter
Ace of Spades ^ | 3-25-09 | Jake DeSantis

Posted on 03/25/2009 8:34:35 AM PDT by JApost

A note of caution to those who would try to do the right thing in this political climate. This is just a snippet of the letter.

Please go to the link and read the whole thing. Please. Liddy's betrayal of his employees before Congress is detailed in the letter, but I didn't clip that part out.

DEAR Mr. Liddy,

It is with deep regret that I submit my notice of resignation from A.I.G. Financial Products. I hope you take the time to read this entire letter. Before describing the details of my decision, I want to offer some context:

I am proud of everything I have done for the commodity and equity divisions of A.I.G.-F.P. I was in no way involved in — or responsible for — the credit default swap transactions that have hamstrung A.I.G. Nor were more than a handful of the 400 current employees of A.I.G.-F.P. Most of those responsible have left the company and have conspicuously escaped the public outrage.

After 12 months of hard work dismantling the company — during which A.I.G. reassured us many times we would be rewarded in March 2009 — we in the financial products unit have been betrayed by A.I.G. and are being unfairly persecuted by elected officials. In response to this, I will now leave the company and donate my entire post-tax retention payment to those suffering from the global economic downturn. My intent is to keep none of the money myself.

I take this action after 11 years of dedicated, honorable service to A.I.G. I can no longer effectively perform my duties in this dysfunctional environment, nor am I being paid to do so. Like you, I was asked to work for an annual salary of $1, and I agreed out of a sense of duty to the company and to the public officials who have come to its aid. Having now been let down by both, I can no longer justify spending 10, 12, 14 hours a day away from my family for the benefit of those who have let me down.

--------------------------------- The only real motivation that anyone at A.I.G.-F.P. now has is fear. Mr. Cuomo has threatened to “name and shame,” and his counterpart in Connecticut, Richard Blumenthal, has made similar threats — even though attorneys general are supposed to stand for due process, to conduct trials in courts and not the press.

ACORN has also contributed to this monumental mistake. They have been busing Hartford scumbags to AIG execs' Fairfield county homes to gawk at their finery and 'protest' them. Intimidate them, in other words.

Isn't that nice? No-job-having slackers calling the producers of wealth upon which they subsist, parasites! Pot, meet kettle....

What possible incentive would one have to stick around and fix the problem?


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: acorn; clowardpiven; obama; soros
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To: panthermom
I admire your honesty and your point of view.

Conservatives need to start showing respect for ANY wage earner, worker or honest business owner.

The left consists of snobs in the Universities who look down on those who work at McDonalds or Walmart -— but the elitist snobs at the Universities vote the same way as many of the clerks and hamburger flippers.

I would MUCH rather have the honest Clerks and Cooks on my side, than those pompous windbag socialists who dominate higher education!

21 posted on 03/25/2009 9:25:21 AM PDT by Kansas58
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To: JApost
Mr Cuomo's "name & shame" campaign.


22 posted on 03/25/2009 9:28:27 AM PDT by skeeter
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To: JApost

This guy pisses me off. Assuming what he says in the letter is correct, he earned the bonus he was paid. He is allowing himself to be brow-beaten into feeling guilty for being properly rewarded for his ability and efforts. He should keep every dime of the bonus - except those dimes that he would drop buying a new car (would benefit auto-workers) or buying a new boat (would benefit the shipyards) or buying a second home (would benefit the many trades involved in building a house). Shame on him for being gutless! Stand up for yourself and enjoy the profits of your labors!


23 posted on 03/25/2009 9:34:51 AM PDT by tyou48
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To: Kansas58

We live N of GayFrisco.

The morning after the announcement of the staged outrage against AIG, my wife was watching a tv channel from GayFrisco to get the weather.

They went to the creeps on the street, who were supposedly so angry about AIG. They looked like the Star Wars bar scene with dyed hair and more metal in their faces than in most cars.

Of them were supposedly outraged about AIG and the waste of our tax $’s.

My wife had two comments:

1. Most of these bastards probably never worked a day in their miserable lives.

2. Most of them couldn’t spell AIG yesterday, today nor tomorrow.


24 posted on 03/25/2009 9:40:22 AM PDT by Grampa Dave (Does Zer0 have any friends, who are not criminals, foreign/domestic terrorists, or tax evaders?)
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To: henkster
I don’t know how they are going to ration food, yet, but I’m sure they are working on it.

See HR 875. Your backyard garden will result in a fine far beyond your ability to ever repay it.

25 posted on 03/25/2009 9:45:00 AM PDT by Myrddin
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To: JApost

It is ironic that Congress critters are outraged at AIG contract bonuses because they receive “taxpayer” dollars yet they remain silent that ACORN, who also receives taxpayer dollars, can organize a bus terrorization trip.


26 posted on 03/25/2009 9:45:21 AM PDT by pieces of time
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To: Grampa Dave

I wonder how many of those protesting in front of AIG are union thugs.


27 posted on 03/25/2009 9:47:08 AM PDT by pieces of time
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To: Oldexpat
Fiction; and non-fiction has given us plenty of warning! Indeed. . .'who is John Galt' and where is he, today. . .(Listening to Rush and seems his 'spirit' is alive and well at 'Fed Ex' as well.)

More are heading to 'Galt's Gulch'.

28 posted on 03/25/2009 9:51:12 AM PDT by cricket (NOOOOOOO to Serfdom. . .)
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To: pieces of time

“I wonder how many of those protesting in front of AIG are union thugs.”

More than likely, they were members of the local renta mob thugs, who get a free lunch, bus trip and paid to protest for liberal causes.

The buses need to be hosed out and fumigated after transporting these scumbags of society around.


29 posted on 03/25/2009 9:51:39 AM PDT by Grampa Dave (Does Zer0 have any friends, who are not criminals, foreign/domestic terrorists, or tax evaders?)
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To: Grampa Dave

Glen Beck yesterday disclosed all those fake protests were staged by ACORN.

ACORN USED FEDERAL MONEY TO PROTEST PRIVATE CITIZENS.


30 posted on 03/25/2009 9:54:06 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: JApost
i linked this ny times article to my status on Facebook.

some of my liberal friends are scratching their heads and smartening up a little bit.

one of them actually made the article her status too! wonders never cease.

31 posted on 03/25/2009 9:54:08 AM PDT by thefactor (yes, as a matter of fact, i DID only read the excerpt)
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To: skeeter

Great photo; depicts exactly and precisely the separation of power. One only has to study the model of the worst of any socialized/communist/Lenninist/Stallinist nation to see the same MO at work. The levels of degradation and individual debasement are the same.


32 posted on 03/25/2009 9:55:14 AM PDT by cricket (NOOOOOOO to Serfdom. . .)
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To: henkster

“I don’t know how they are going to ration food, yet, but I’m sure they are working on it.”

Answer:: Dr Krevorkian managing the national health system and “Soylent Green” to feed the survivors.

http://en.wikipedia.org/wiki/Soylent_Green

Set in the year 2022, Soylent Green depicts a dystopian future in which the population has grown to forty million in New York City alone. Most housing is dilapidated and overcrowded, and the impoverished homeless fill the streets and line the fire escapes and stairways of buildings. Food as we know it today–including fruit, vegetables, and meat–is a rare and expensive commodity.

Half of the world’s population survives on processed rations produced by the massive Soylent Corporation (from soy(bean) + lent(il)), including Soylent Red and Soylent Yellow, which are advertised as “high-energy vegetable concentrates”. The newest product is Soylent Green - a small green wafer which is advertised as being produced from “high-energy plankton”. It is much more nutritious and palatable than the red and yellow varieties, but it is — like most other food — in short supply, which often leads to riots.

Processed “Soylent Green” ration wafers

Robert Thorn (Charlton Heston) is a New York City police detective who lives in a dilapidated, cramped one-room apartment with his aged partner Sol Roth (Edward G. Robinson). Roth is a former professor who searches through the now-disordered remnants of written records and books to help Thorn’s investigations. Roth and his like are known as “books”. He tells Thorn about the times before the ecological disaster and population crisis, when real food was plentiful, although Thorn is generally not interested in the “stories”.

Thorn is assigned to investigate the murder of William R. Simonson (Joseph Cotten). When he goes to the crime scene, he finds Simonson lying in a pool of blood from being struck multiple times in the back of the head. Instead of looking for clues, the poorly-paid detective helps himself to some of the wealthy man’s food, liquor, soap, and books. He also questions Shirl (Leigh Taylor-Young), an attractive 24-year old prostitute (euphemistically known as “furniture”) who comes with the luxury apartment, and Simonson’s bodyguard, Tab Fielding (Chuck Connors), who claims that he was told to escort Shirl on a shopping trip when the attack took place.

Returning to his apartment, he gives Sol two large books he took from Simonson’s apartment, the two-volume Soylent Oceanographic Survey Report, 2015 to 2019. Thorn returns to work and talks to the Chief of Detectives, telling him that he suspects it may have been an assassination, since nothing was stolen from the apartment and the murder seemed professional. He finds it odd that the luxury apartment’s sophisticated alarm and monitoring electronics happened to be inoperative on the night of the murder, and his bodyguard just happened to be out of the apartment at the time.

After Thorn questions Fielding’s live-in “furniture”, he realizes she was eating from a “$150 a jar” container of strawberry jam, which is an out-of-place luxury for the prostitute of a bodyguard. He returns to his own apartment to eat a meal of the purloined food, where Sol tells him that Simonson was a member of the board of directors of the Soylent Corporation, one of the most powerful corporations in the world. Thorn then returns to question Shirl, who tells him that Simonson had become deeply troubled in the days before his death, even taking her to church. Thorn later attempts to question the priest about Simonson’s confession, but the priest is almost catatonic with exhaustion and does not reveal anything.

Fielding later murders the priest to ensure he never talks. After Thorn begins to uncover evidence on why Simonson was murdered, New York Governor Santini (Whit Bissell) instructs Thorn’s superior officer, Lieutenant Hatcher (Brock Peters), to close the investigation. However, Thorn refuses, and continues his investigation into the murder. Later, when Thorn is on riot duty during the distribution of rations, Simonson’s murderer fires several shots at Thorn, wounding him, but Thorn is able to push his attacker under a riot control vehicle, a “scoop”.

In the meantime, Roth goes over oceanographic reports that Thorn took from Simonson’s apartment with other intellectuals at the “supreme exchange,” a library of old books. The other books convince Roth of a “horrible” truth, which despite reading it for himself finds it almost impossible to believe. The “books” intend to use the overwhelming evidence against the Soylent Corporation and to prove what Soylent are doing before taking it to the Council of Nations.

Unable to live with what he has uncovered, Roth opts for assisted suicide or active, voluntary euthanasia (euphemistically known as “going home”) at a government clinic. There, he is taken to a comfortable bed, is given a poison-laced beverage, and is shown panoramic views of an unspoiled pristine Earth as he dies. As Roth is viewing this, Thorn (who has since read a note from Roth that he is “going home”) forces the staff to allow him to see and talk to Roth.

He thus sees the earth as it once was for the first time. Overwhelmed at seeing what is for him such wondrous natural beauty, he is moved to tears. During Roth’s final moments, he begs Thorn to prove the horrible truth about “Simonson... Soylent.”

After Roth dies, Thorn sneaks into the basement of the government-assisted suicide facility, where he sees corpses being loaded onto waste disposal trucks. He secretly hitches a ride on one of the trucks, which drives to a heavily guarded waste disposal plant. Once inside the plant, Thorn sees how the corpses are processed into Soylent Green wafers.

After Thorn escapes from the plant and heads for the supreme exchange with the information, he is ambushed by Fielding and several other gunmen. In the shootout, Thorn kills some of the gunmen, but is himself wounded and retreats into a cathedral filled with homeless people.

After a desperate fight, Thorn stabs and kills Fielding. When police backup arrives, the seriously wounded and nearly hysterical Thorn confides to Hatcher the horrible secret behind Soylent Green and urges him to spread the word: “Soylent Green is people! We’ve got to stop them.


33 posted on 03/25/2009 9:59:20 AM PDT by Grampa Dave (Does Zer0 have any friends, who are not criminals, foreign/domestic terrorists, or tax evaders?)
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To: longtermmemmory

Acorn is a tax payer financed group of homegrown terrorists wanting to over throw America and redistribute the earned wealth Americans have made.


34 posted on 03/25/2009 10:15:25 AM PDT by Grampa Dave (Does Zer0 have any friends, who are not criminals, foreign/domestic terrorists, or tax evaders?)
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To: skeeter; cricket

a bump for thread (and make that ‘Stalinist’)


35 posted on 03/25/2009 10:28:38 AM PDT by cricket (NOOOOOOO to Serfdom. . .)
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To: panthermom

“Do I envy some people? Of course I do. Instead of whining about it, I work harder.”

Then you are not envious. Instead, you are experiencing Jealousy. Jealousy can be a motivator, envy is a destroyer. Keep working harder and you will be lucky enough to be demonized some day too.


36 posted on 03/25/2009 10:30:17 AM PDT by CSM (Smokers, the most patriotic of Americans!)
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To: cricket

Acorn = Obama’s Red Guard bump.


37 posted on 03/25/2009 11:01:24 AM PDT by skeeter
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To: Kansas58
". . . Nazi Brown-shirts were ALSO gay. . ."

They were? All of them? How the heck did they test for that? What happened if a "straight" was found 'mongst the "un-straights" (wouldn't take too long, huh?)? And if all were gay, how did they ever get anything at all done....other than some Euro style "techno-parades" (if you've not seen one of these in person, it's worth the airfare just to attend one!)?

38 posted on 03/25/2009 11:06:33 AM PDT by Logic n' Reason (Welcome, one and all, to the islamo-muslim states of obammica!)
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To: JApost

mark


39 posted on 03/25/2009 1:33:24 PM PDT by Jaded (No act of kindness, no matter how small, ever goes unpunished. -THFG)
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To: Two Kids' Dad

You are right about he envy thing, I do have admiration for people who are successful.

It is so much easier to complain about what you don’t have then actually get out and try to do something, anything to move yourself forward.


40 posted on 03/25/2009 1:36:27 PM PDT by panthermom
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