2 ms·
I wonder what his salary was during the boom years. My guess it was probably in the millions. He may not have been directly involved in selling credit default
by kqr2 18y ago
I wonder what his salary was during the boom years. My guess it was probably in the millions. He may not have been directly involved in selling credit default swaps, but profit from that division probably helped pay his salary.
- quizbiz 18y agoLet's not throw around speculation but analyze it for what it is. It's just some insight into his perspective and his current situation. He is forfeiting it all. The real problem I see is that this demonstrates that there is no way AIG can recover if the people that can bring it back together all leave.
- gojomo 18y agoMoney is fungible, sure. But if his division was profitable even after paying his salary, you can't fairly say "profit from [Credit Default Swaps] probably helped pay his salary".