Thursday, March 26, 2009

The rest of the story....

With a tip of the hat to Paul Harvey who passed away at the end of February I bring you the rest of this story as told by someone inside AIG.  Someone who has been vilified by Government and the Public alike, and then abandoned by someone I had felt a lot of respect for.

Ed Liddy, new CEO of AIG, brought in to clean up the sins of the past.  Convinced a lot of people to work very hard for little to no pay with the promise of a brighter day.  

And he dropped them all like a hot potato at the first sign of push back.  

The first sign from the hypocrites on Capital Hill, 1600 Pennsylvania Ave and the Attorneys General for Connecticut and New York.  The same hypocrites that know for a fact that these bonuses weren't for the same folks that caused the downfall.   That these bonuses were for the employees that stayed behind to clean up the mess instead of jumping ship like the rats the others were.  

The politicians knew this and played it out to the public as outrage.   They created the situation and then lit the fire of public outrage.   Death threats against the employees, their families, their children.   If anyone gets hurt the blame should lay squarely on Barack Obama and his cronies for setting this in motion.

Ed Liddy became what we already expect out of the likes of Pelosi, Reid, Obama, Rahmbo, and the rest.

And it's horribly disappointing.


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