Why are you always a dick to me anyways? I mean look at the past 6 month I never insult you at all and you always get personal. WTF did some guy named Casey beat you up or something?
Show me the insult. Seriously that is not an insult. It is a nudge to read the letter. You are constantly saying I am a jerk or have a huge ego. Or countless other jabs. Just go back and see who takes it down a peg. It is always you. I don't even know how this started. The only people I actually kinda dislike are DaDakota and SamFisher and they are mostly funny (SF) or have basketball talk (DD).
I read this this AM -I found it interesting. I don't know exactly what the separation of responsibilites was within AIGFP, nobody not inside of it does really, but if it's true that only a handful of its employees were involved in the CDS business that destroyed the company, I suppose he does have a good argument that he is simply having the bad luck of being lumped in under the wrong AIG subsidiary. On the other hand, I have a hard time believeing that a small handful (10?) of the 400 people were able to underwrite 2 trillion worth of unsecured, unreserved derivative coverage with nobody else knowing about it. I have a feeling that every single AIGFP will tell this same story, when questioned - so I guess nobody is to blame (except obviously Cassano) Honestly though the self-importance is reeking. I have a hard time caring so much that this guy is quitting. He's obviously well off and headed towards retirement or some other career. Good for him. And good that he is donating his taxpayer-provided bonus to charity. AIG will find another commodity derivatives trader. You think there aren't enough out of work financial professionals looking for jobs these days? I'm pretty sure AIGFP will be flooded with resumes for this guy's position as soon as he's gone. You must not know by now, you must not know by now....
no, it was a sarcastic comment. a nudge "why don't you at least read the letter to see what the guy has to say" being a jerk: "boy you sure can read fast" don't back down from your jerkdom
exactly, that's the only point i'm making and it only took a few lines to glean that feeling from the letter. when they get into "i did this and this and this to make the type of money I make" I couldn't care less
I am sure its more than a handful of people that did CDS, I am guessing there might be around 5 to 10 actual traders of CDS, but they would need a bus load of support people to do all the grunt work. No kidding about out of work finance guys, I'd say 50% of my contacts on the street have changed shop or been laid off.
Why is it hollow? He netted $700,000+. He implied he would give the entire amount not subject to the "anger" tax (which is now apparently moot). Assuming the tax would have been enacted, do you think he should donate $700,000 to charity and then have to give $630,000 - $700,000+ back in taxes?
