Rabid AIG Employees Make Good Case for Keeping Cash Under Your Mattress

Some good reading today in The Washington Post, which got its hands on transcripts depicting reactions from some AIG employees when their bonuses were threatened last year.

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.

It's worth reading the whole piece to get a full taste of the pomposity inherent in some of these folks, who after all, had recently contributed to the collapse of the global economy. The arrogance award, though, goes to the nameless employee who said this of taxpayers:

rest at http://washingtonindependent.com/78368/rabid-aig-employees-make-good-case-for-keeping-cash-under-your-mattress