Dissolve into Evergreens
This blog used to be about politics. Not so much anymore as I have worked through my fascination with that subject. It now seems appropriate that with a new president and the end of the Bush nightmare that I move on to new subjects that are more in line with my current interests. I may still occasionally express an opinion about political matters but for the most part I will be commenting on music, photography and personal observations. Thank you for reading.


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1.13.2010
AIG Loses Exec, Wins TARP Comp Ruling - Regulatory,Legislative and Tax Issues - Life and Health Insurance News
 
AIG Loses Exec, Wins TARP Comp Ruling - Regulatory,Legislative and Tax Issues - Life and Health Insurance News:
"Anastasia Kelly, vice chairman for legal, human resources, corporate affairs and corporate communications at AIG, New York, resigned from her post effective Dec. 30. She began working for AIG in 2006.

Kelly resigned for “good reason” under the terms of AIG’s executive severance plan 'based on the reduction in her base salary that was mandated by the Special Master for Executive Compensation for TARP Recipients,' the company says in a statement, referring to the compensation restrictions that the federal government has imposed on the top 100 AIG employees.

The government is applying the restrictions to AIG and other companies that have received large amounts of financial assistance from the federal government."


A little entitlement without accountability? Seriously, an executive that works at a company that nearly went kaput except for the fact that the company's failure would have had a devastating cascade effect on the rest of the economy feels entitled to a salary greater than half a million dollars.

I deserve a world that makes more sense...

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About Me

bruce
35 yr old
Married
Okie
Highlands Ranch
Denver
Colorado
Student
Recording Engineer
Gemini
Arrogant
Voted for Kerry
Voted for Obama
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Narrow-minded
Liberal
Uncle
Smug
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22.3% Less Smart
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Dissolve into Evergreens