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"Sure, he can afford it, and he was a senior vp at AIG, so I am sure there is a lot more he could have done." Being a vice-president at a financial institution
by Rod 18y ago
"Sure, he can afford it, and he was a senior vp at AIG, so I am sure there is a lot more he could have done."
Being a vice-president at a financial institution does not mean one has much executive power. For instance, a couple of years ago Goldman Sachs had over 300 vice-presidents. I don't know if AIG has the same hierarchy as Wall Street banks have (or had, since some have gone bust), but if such is the case, then a VP is not exactly a top dog, so to say.
"This is basically turning into a witch hunt"
It sure is! The politicians (mainly the democrats but also the republicans) have realized that the American people's sentiment is, all of a sudden, strongly against the financial institutions, and they're positioning themselves so they can profit politically from other people's misery. Politicians have no values, only re-election dreams.