Hi All,

Okay, we blogged last week about the complexities associated with the AIG bailouts and subsequent bonus payments. Well, one of the executives in AIG’s financial services arm submitted his resignation letter. The letter was reprinted in the NY Times. Its a really poignant symbol of the whole tragedy the US economy has become.

Click here to read the letter. I think it will put the debacle in some context for you.

Best,

James

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