Showing posts with label new york times. Show all posts
Showing posts with label new york times. Show all posts

Wednesday, March 25, 2009

Putting a face on a bonus

(Whoops!)

A very interesting Op-Ed in the New York Times is the resignation letter of Jake DeSantis, executive vice president at AIG.

DeSantis makes no bones about being overpaid, but his explanation of the retention bonus is surprising in its explanation of promises made and betrayed.