DeSantis: from inside A.I.G.

DeSantis: from inside A.I.G. Wednesday, March 25, 2009

Posted by ei-forum in Miscellaneous.
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Some of you might have heard about this and it is well worth the read – at least you can get the other side of the story.

Jake DeSantis, an executive V.P. of A.I.G.’s financial products unit, tenders his resignation letter to Mr. . Liddy.

“… But you also are aware that most of the employees of your financial products unit had nothing to do with the large losses. And I am disappointed and frustrated over your lack of support for us. I and many others in the unit feel betrayed that you failed to stand up for us in the face of untrue and unfair accusations from certain members of Congress last Wednesday and from the press over our retention payments, and that you didn’t defend us against the baseless and reckless comments made by the attorneys general of New York and Connecticut…”

Link to letter on the NYT page: here.