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AIG Exec Whines About Public Anger, and Now We're Supposed to Pity Him? Yeah, Right | Corporate Accountability and WorkPlace | AlterNet
by Lost at 9:55 am EDT, Apr 2, 2009 |
AIGFP only had 377 employees. Those 400-odd folks received almost $3.5 billion in compensation in the last seven years, a very large part of that money coming from the sale of credit default protection. Doing the math, that averages out to over $9 million of compensation per person. Ask yourself this question: If your company made that much money, and the boss of the unit made almost $280 million in just a few years, exactly how likely is it that you wouldn't know where that money was coming from?
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AIG Exec Whines About Public Anger, and Now We're Supposed to Pity Him? Yeah, Right | Corporate Accountability and WorkPlace | AlterNet
by janelane at 12:20 pm EDT, Apr 2, 2009 |
I also like this excerpt: I mean, half of Wall Street is unemployed right now. There are plenty of unemployed traders out there whose resumes don't include such entries as "Worked for years at small unit of AIG that helped destroy the universe; throughout that time was completely ignorant of burgeoning global disaster unfolding 5 feet from my desk."
-janelane |
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