One More Unemployed...

Or "Who'd Want to Leave a Great Job Like A.I.G. 2?"

The NYTimes carries a former AIG associate's resignation letter.

As most of us have done nothing wrong, guilt is not a motivation to surrender our earnings. We have worked 12 long months under these contracts and now deserve to be paid as promised. None of us should be cheated of our payments any more than a plumber should be cheated after he has fixed the pipes but a careless electrician causes a fire that burns down the house.

Many of the employees have, in the past six months, turned down job offers from more stable employers, based on A.I.G.’s assurances that the contracts would be honored. They are now angry about having been misled by A.I.G.’s promises and are not inclined to return the money as a favor to you.

The only real motivation that anyone at A.I.G.-F.P. now has is fear. Mr. Cuomo has threatened to “name and shame,” and his counterpart in Connecticut, Richard Blumenthal, has made similar threats — even though attorneys general are supposed to stand for due process, to conduct trials in courts and not the press.

Yeah, well not New York Attorneys General. Maybe Senator Grassley will travel to this man's home and kill him with a sword in front of his family.

Hat-tip: Mankiw

Posted by John Kranz at March 25, 2009 2:40 PM