by Ripley
I'm sorry. I missed this bit of undiluted horseshit yesterday (thanks to MNMom for the heads up):
I... no, I... I can't even breathe, reading this. The fucking nerve!
This asshole didn't have any problems laying thousands off when he took over the reins at Allstate, back in the 90's. But evidently now he's so enthralled by the financial alchemy of the brain warriors who literally bankrupted the company with their voodoo schemes gee-whiz! insurance "products" that he can't bear the thought of taking away their silk pyjamas and Cubano puros.
Your $1 annual compensation is admirable in the abstract, Ed, but this shit will not stand. The automotive manufacturing industry is laying off thousands of employees who were not personally responsible for the tough times the industry is facing, but you not only want to keep the clever monkeys who gutted your bottom line on board, you want to fucking reward them??? And lay it off on the American citizenry?!?
Fuck. You.
I have to ask, Ed: What exactly will the "best and brightest talent" be working on, now? It seems pretty god damned obvious - to us proles, at least - that Credit Default Swaps and super-secret derivatives aren't a winning strategy for AIG anymore. What the fuck are these people going to do all day, Ed? If you've got a plan for a hot new thing out of the London office, I'd suggest you start marketing the shit out of it. Like, yesterday. Because we've had enough.
We want our $2, Ed. And we want it fucking now.
[Update] - And fuck Glenn Beck, too.
Rip -
