I’m a CEO get me out of here!

It was announced today that Edward Liddy current CEO of AIG will be stepping down as soon as a proper replacement can be found. Edward Liddy took over the evil AIG empire (see AIG ruined my birthday several parts and ongoing) once the company went toxic. Liddy has survived multiple public relation disasters from AIG’s million dollar getaway weekends to million dollar bonuses. I wish Ed Liddy the best of luck and good luck finding someone else to sit in the hot seat.

AIG ruined my Birthday!!!!! part 6 "Monkeys"

I was a little nervous about putting references to monkeys in this blog entry but then I thought, hey if anyone accuses me of calling someone out their name I will just add myself to the “Sorry” list. But I digress….

Amid my slight fever yesterday I managed to tune into CSPAN and watch Ed Liddy be taken to task by congress over the AIG bonuses. As the proceedings went on one thing became very clear. If I were to trust Ed Liddy (yeah right) then every adult I encountered growing up has lied to me. See I had always been taught that “One monkey don’t stop no show!” But apparently that is not the case.

As Mr. Liddy continued to defend the 165 million in retention bonuses he made it quite clear that the same people who twisted this Gordian knot are the ”only”
people who can understand it and the only people who can untie it. They are for all intents and purposes irreplaceable. In other words all those old black folks whose knee I sat at and took in life lessons were wrong; one monkey can indeed stop a show.

Apparently blackmail is only illegal everywhere except Wall Street.

AIG ruined my Birthday!!!!! Part 2

It seems AIG had a “training meeting” at a resort in Phoenix recently. They met at the Pointe Hilton Squaw Peak Resort in Phoenix in which no signs ,no media, no anything had the initials “AIG” on it. They said it was because they were cutting cost by having no signage. But we all know the truth, you didn’t want to get busted again.

I don’t get it, I have watched the CEO of AIG Edward Liddy on Larry King as he tried to explain away what happened. It was feeble excuse after feeble excuse about how the cost is not going to be absorbed by AIG and this was purely training to prevent things like sub prime mortgage bust from happening again. He also stated that many outings and meetings and such had been canceled already because of the fallout of the week long getaway back in September.

The pictures from the hidden cameras told a different story however. It showed businessmen sitting poolside sipping drinks and making calls (they were in suits), having a cocktail party, and of course there was the dinner at McCormick & Schmicks.

So let me get this straight, you cut cost by not having any signs with AIG on it but you went to McCormick and Schmick for dinner and met at a resort? What is wrong with Holiday Inn’s meeting rooms and Red Lobster with cheddar biscuits?


Mr. Liddy it is clear that your head is so far up your rich ass you have no idea what it actually means to go no frills. I understand Congressman Elijah Cummings is asking that perhaps you should step down. Well I have to agree with him. Your company has put it’s hand out three times in three months for my assistance and these are just the things we know about. I want to say that AIG needs some new leadership but the truth of the matter is it should just die. AIG is clearly to steeped in it’s own shit to do anything but drown, and take our money with it.