You know what you get when you mix the arrogance of Simon Cowell, the incompetence and obliviousness of Paula Abdul, and the tone deafness of William Hung?
During the national furor that erupted last year after American International Group paid more than $165 million in bonuses, the voices of those vilified for receiving the payments remained silent, at least in public.
But behind closed doors, employees at AIG’s Financial Products division — the very unit whose trading had hastened the insurance giant’s collapse — were defiant, saying they were merely getting what they were due, recoiling at public accusations that they were behind their capitalizing on the company’s massive taxpayer bailout.
“I will stand behind every action I have taken in this company from Day One,” one employee said, according to a newly obtained transcript of a conference call the division’s head held last March with some of his staff.***
The employees said that the corporate leaders who had driven the firm into the ground were already gone from the company. Those who had remained behind to help clean up the mess and repay the taxpayer bailout were due their compensation, they told Pasciucco.
“You made a commitment to us, and we made a commitment to you. And for anybody to look beyond that, as the politics and the media are at the moment, is missing the point,” said an employee. “You can’t expect us to just roll over and ignore that commitment because there is a bunch of immoral bigots that intend us to do something different. It’s not going to happen.”
Another was even more irate, lashing out at the public for scapegoating AIG employees. “To be honest with you, I really hope it blows up. I think the U.S. taxpayer deserves to lose a trillion dollars over this thing for the way they have behaved.”
The worst usage of the word “bigot” in the history of spoken language.
Seriously. Quit. Everyone of you who feels betrayed, just quit. Take it away, Bradrocket:
My general reaction: Just quit, you assholes. Try taking around your résumés to other firms if you’re so convinced in your own inflated sense of self-worth. But this is just a guess — when you go in for an interview with another company, having five years’ experience of selling credit default swaps in AIG’s Financial Products division isn’t going to help you get a job. Shit, I wouldn’t hire you to vacuum my rugs or take out my garbage. Because in the end I don’t think that you guys possess any real skills that are useful outside of your own little bubble world.