All Blog Posts from Econwatch

Read all 'ny times' posts in Econwatch

March 25, 2009 9:51 AM

"Betrayed" AIG Exec Offers Public Resignation

In a sometimes scathing, sometimes somber letter to AIG CEO Edward Liddy, an executive working in the company's scandal-plagued Financial Products division resigned his post, expressing frustration at being "betrayed" by those he tried to help.

In the letter, which ran as an op-ed piece in Wednesday's New York Times, Executive Vice President Jake DeSantis said he was leaving the company because "we in the financial products unit have been betrayed by A.I.G. and are being unfairly persecuted by elected officials."

Read full post…

Tags:
AIG ,
edward liddy ,
jake desantis ,
ny times
Topics:
AIG

About Econwatch

News and analysis on the state of the economy from CBS News.

E-Mail EconWatch

Add to your favorite news reader
google
yahoo
msn
  • MOST POPULAR