Quote of the Day (from AIG)

“After 12 months of hard work dismantling the company — during which
A.I.G. reassured us many times we would be rewarded in March 2009 — we
in the financial products unit have been betrayed by A.I.G. and are
being unfairly persecuted by elected officials. In response to this, I
will now leave the company and donate my entire post-tax retention
payment to those suffering from the global economic downturn. My intent
is to keep none of the money myself.

I take this action after
11 years of dedicated, honorable service to A.I.G. I can no longer
effectively perform my duties in this dysfunctional environment, nor am
I being paid to do so. Like you, I was asked to work for an annual
salary of $1, and I agreed out of a sense of duty to the company and to
the public officials who have come to its aid. Having now been let down
by both, I can no longer justify spending 10, 12, 14 hours a day away
from my family for the benefit of those who have let me down.”

Jake DeSantis, an executive vice president of the American International Group’s financial products unit, writing his resignation letter (published in the NY Times)