This is short and sweet and to the point – no moralizing, no lectures.
The problem is – that was then, this is now.
You need to step up to today’s distressing financial and economic times.
You need to do the decent, ethical, and just thing.
You, at least, need to appear concerned, contrite, and compassionate – in some way.
Here’s my advice ~ return the bonus money AIG – somehow, someway, some amount.
Loan a portion of it back to AIG, ask for interest on your investment, agree on a future date for payment, when AIG is stable and solvent.
Return a portion of it directly to the government – skip AIG, and buy back some of your integrity.
If you’re no longer an employee – return a portion. Maybe an amount of money equal to the number of months you’ve been gone. No strings attached – as a good faith gesture.
Do something to salvage your name – it, not the bonus, is the only thing of value now or in the future.
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Any or all of your suggestions appear sensible and realistic. But seemingly none of the money people – perhaps aside from Liddy – are willing to go there.
Why?
“Loan a portion of it back to AIG, ask for interest on your investment, agree on a future date for payment, when AIG is stable and solvent.”
Seems reasonable. But no.
My guess is that they themselves have no faith in AIG’s future. Not in AIG (Financial Products) nor, despite Liddy’s assurances, in the solvency of the larger company.
(CT Warning)
They are operating under the gravitational forces of things we cannot see.
I hate to imagine what.
David Archer
http://loontheory.wordpress.com/
Wow, David – you’re proably right – and what we don’t know, we can’t even imagine. Kate
Sing it!! I am with you. AIG couldn’t break those contracts..but they could break all the contracts with their clients???
More than one I hear is giving the money back, but here’s one that’s resigning and giving it away!
http://www.nytimes.com/2009/03/25/opinion/25desantis.html?_r=2