Once again I find myself writing about AIG because the situation there has been so distorted by the Media and politicians who have not bothered to try to understand the real situation. The NY Times published a letter from an AIG-FP employee of eleven years, whose resignation explained what the political terrorists are doing to the people trying to fix the situation, but are making it worse for many. Those who are being hunted by men like Grassley won't find the ones he'd like to blame because they are no longer there. Those who are there are the people who were trying to do the right thing to the company to whom they had been loyal for years, the company who threw them under the bus.
To read this letter, got to this link. It starts: "DEAR Mr. Liddy,
It is with deep regret that I submit my notice of resignation from A.I.G. Financial Products. I hope you take the time to read this entire letter. Before describing the details of my decision, I want to offer some context:
I am proud of everything I have done for the commodity and equity divisions of A.I.G.-F.P. I was in no way involved in — or responsible for — the credit default swap transactions that have hamstrung A.I.G. Nor were more than a handful of the 400 current employees of A.I.G.-F.P. Most of those responsible have left the company and have conspicuously escaped the public outrage."
To read a letter from an employee who is still there, go to this link. This should hopefully allow you to see how intelligent and thoughtful Obama's remark about taking the time to know the truth before he speaks seems.
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