Thread: Impact
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Old 03-26-2009, 08:22 AM   #6
RIJIMMY
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Join Date: Aug 2003
Location: TEXAS
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yeah Spence, appears the guy is a hack....

Wednesday, employees at the insurer gave a standing ovation for Jake DeSantis, an executive in AIG's financial-products division, who was the first to publicly refuse to return his retention bonus despite an outcry over the payments.


Mr. DeSantis resigned Tuesday, arguing in a New York Times op-ed piece Wednesday that AIG employees are being "unfairly persecuted." A firestorm of protests has erupted over $165 million in retention payments to employees of the unit. Fifteen of the top 20 recipients of the retention bonuses have agreed to give back a total of more than $30 million in payments.

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