Thursday, March 19, 2009


There has been some ado about the bonuses AIG is paying executives in its financial products unit. Without getting into the merits of the bonuses it seems reckless to me to enrage employees in sensitive positions by doing them out of money promised while leaving them in their positions where they are capable of doing great harm to their employer. There is a reason private companies often escort fired employees in sensitive positions out of the building immediately.

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