Comments on: "Betrayed" AIG Exec Offers Public Resignation

[MLG3811]

The Obama administration is turning us all into citizens that focus on ?class envy,? where the achievement of others is masked in a blanket of ?why me.?

[tizzyfit1]

The focus seems to be all about the AIG bonuses. For me, the real question has to do with the elected fools in WA. D.C. and their collective rolls in this financial mess. Can fools like Dodds and Frank continue to get reelected regardless of the mess they engineered and directed? What about the pay raise they just voted for themselves? While were at it, why do they become 100% vested in their separate retirement program after one term when people in the private sector must work considerably longer to achieve that same guarantee? Further, why is it they don't give up their special retirement program and fall under Social Security like the rest of us? The answer should be obvious to all of us - IT DOESN'T PROVIDE A HIGH ENOUGH RETIREMENT INCOME FOR THEM AND THEIR SPOUSE! Some of you readers think AIG is screwing us, they are the equivalent of a pimple and a Nat's ass by comparison to what the Senate and House have collective done to this country.

[rearley1980]

This guy needs to get another life...cry me a river indeed! I'd work much longer and harder just for the bonus!

[vjnnc]

Dear JohnKerrDavis - pull your head out of your butt please.

A. You're not very good at math - if he was working for $1 a year and got a bonus of $742, 006.40 - he would be working for $742,007.40.

B. He has a CONTRACT - do you know what a CONTRACT is? I can agree the bonus' were excessive and in very poor taste given the current situation at AIG - but, the money was and IS his - NOT the tax payers.

Place your feigned OUTRAGE on the right people - Barack Obama and Co; Christopher Dodd and the rest of the big fatcat D's in Washington.

Your entitlement mentality sickens me - good riddance to you and those of the same ilk - Obama's on the path to defeat in 2012 - and he's movin pretty quickly.

[mmcdonald2k]

Can you say scape goat? Like a magician the government wants to use slight of hand tactics to distract you from the hyper inflation they are creating by printing money like it grows on trees. We are not going to be able to afford food soon. It is really sad. These government officials need to stop spending money at an astronomical rate. They have spent more in the last year, then all the administrations combined before them. Are you willing to take out a low interest loan just to be able to feed your family?

[MoranMoraine]

I really do understand the first commenter's frustration. I'm 55 and trying to get a job for the first time since 1982. No one will even look at me, not even at a temporary agency, in spite of a decent appearance, up-to-date skills, computer literacy, degree from an Ivy League school, and four languages. They just see "OLD" and think, "Next!"

However, her frustration and anger are not relevant to the executive's letter, any more than the fact that people are poorer in Darfur is relevant to her letter.

Yes, her problems are real and bad in her own context of living in America. Still, the executive's letter needs to be read in its own context of what is standard for executives in other large American companies. The man does make it sound as if the real culprits have escaped while blame fell on the innocent.

[ghendric]

"I'm even afraid to imagine your salary when your bonus is unduly hefty. For that kind of money, I'd work lot harder than you did. Despite you r long and hard hours you worked, company still failed miserable. I wonder what you did."

Actually, you should be asking the Federal Reserve what they did as they are at the heart of this whole economic problem anyway. THEY CONTROL THE MONEY SUPPLY THEREBY CONTROLLING THE ECONOMY.

[stereocilia]

wow, taking cry baby to a whole new level. poor ceo was treated SO unfairly and he had to work all the time for no pay. Sounds like every job I ever had. I find it really hard to find a scrap of sympathy for any employee at this company, passed or present, and I really don't care what their little problems or complaints are. Shut the hell up, because if it was up to me, I would've let them fail and let everyone deal with the consequences.

[Michele1246]

No one should earn that kind of money for anything less than a job in which one's own life is risked on a daily basis. Sitting on your butt and shuffling papers, and getting paid millions for it?? Please! Get a reality check. And someone hire Ms. Wozniak.

[platteman]

No one said anything about the 3.5 billion in bonsus that the other companies paid out long before AIG. I think the AIG people should have gotten and kept their bonsus. Only the hypocrits in congress are the ones who caused this problem and then blame AIG for all their troubles. Time to place the blame on Congress and the people in charge of the banking system.
Liddy did not defend his people. He caved to congress and they holier than thou attitude when they were the problem from the start.
The average citizen is the one who got hurt the most. Thanks a lot Congress. Get your head out of your bottoms.

[vjnnc]

How is your situation tied to this executive (former) from AIG? Is this the only place you can find to post your sob story?

The fact that you have not been "interviewed" for a full time position since the year 2000 tells me you're not crafty enough to word your resume properly.

Imagine that - a "Havahd" graduate can't find work. I say something stinks up there...I'm having a hard time feeling sorry for you....there are PLENTY of others more deserving of the pity.

[JohnKerrDavis]

Let me get this straight: DeSantis was working for a dollar a year AND getting a $742,006.40 bonus? Then he was working for $742,006.40 a year, not a dollar. As for giving it to charity, it wasn't his to give--the taxpayers provided it, and he would not havd been contractually entitled to it at all were it not for the bailout. The "betrayal," I take it, is that the taxpayers wanted this money back and objected to this situation. The fact that he -could- have worked for a dollar a year without the bonus (but didn't) doesn't entitle him to feel betrayed when the bonus is questioned or retrieved. His logic is as twisted as his ethics--good riddance to him.

[excoachken]

This is suppose to make me twinge and get all misty with emotion. This guy has had a career of squeezing every ounce of blood from his emplyees and then disposing of them like a used Kleenex, and I am supposed to show sympathy toward him because the company "dun him wrong." Cry me a river, Mr. DeSantis!

[ultra20099]

just because your living situation is bad doesn't mean he and other people at AIG should be cheated out of what they were promised.

[matoosaferre]

I believe that Obama and Congress are anti-American and have turned the power of government and their friends in the media against private citizens. The pattern can be seen in their systematic attcks on Rush Limbaugh, a conservative entertainer, A.I.G employees, and any other American or group of Americans that do not rally under their regime . . .

[heckybecky]

I'm even afraid to imagine your salary when your bonus is unduly hefty. For that kind of money, I'd work lot harder than you did. Despite you r long and hard hours you worked, company still failed miserable. I wonder what you did.

[SWozniak]

Dear Mr. DeSantis:

My adult daughter forwarded your letter of resignation to me this morning.

Needless to say, I read it with a slightly jaundiced eye.

During 2007, I worked three jobs (retail, substitute teaching and freelance writing) and earned $15,000.

While your parents were teachers, my father has an 8th grade education and was a skilled tradesman during his working life. My mother stayed home until I was 15 then worked in a school cafeteria.

I won scholarships and received a degree in political science and journalism from Detroit?s Marygrove College, then masters degrees from Wayne State and Harvard. Prior to marrying and becoming a stay-at-home mother myself, I was a welfare caseworker, a teacher and a journalist.

Despite continually sending out resumes, I have not been interviewed for a full-time job since March 2000. There is a federal law called the Age Discrimination in Employment Act (ADEA) of 1967 that demands employers give preference to older workers. Of course, one way around that law is to simply not interview those suspected of being ?of a certain age.?

I moved from suburban Boston to western Massachusetts to lower my cost of living. While my cost of domicile is $700 less than it had been while I maintained residence in my former marital home, I have not been able to obtain viable employment.

I am in danger of losing my house. The mortgage is small: $108,575. The interest is rate is high: 7.625/month. However, the payment is $1,092.48/month: less than the rent of a one-bedroom apartment is Boston and equal to the rent of a two-bedroom apartment in the famously economically challenged city of Springfield.

Why should I lose my home and be turned out on the street with my possessions and my 15 year-old cat because people are allowed to view my resume with prejudice?

You were employed well and earned more than I could hope to earn in several life times.


I am an intelligent, talented and educated woman who has been denied employment that is self-sustaining and interesting. At 61, I am about to become homeless.

I am certain that you have residual investments and working wife. I have nothing.