Yes. I read the $1. If that's true (which I doubt), then it is only $1 so that he and others like him can keep as much money as possible through, no doubt, some well worn tax loopholes.
However, I have no faith whatsoever that any of these so called "executives" act with any degree of conscience at all. In fact, it wouldn't surprise me a bit if the whole letter was another scam by AIG to get some good press via the "back door". Also, just because he says he will donate his bonus doesn't mean he will (and I am 99.9% confident that he wont). And if he really can afford to give away 3/4 million dollars then yes he has way too much money. Regardless of mathematical models I still say that no one should be compensated with so much money for anything. That goes for sports figures, movie stars, etc, etc. Maybe especially sports figures, I mean come on, bouncing this reddish ball and throwing it in a net! When some people make tens of millions of dollars and others can't afford soup, then something is very, very, wrong. And for a connection to psychology? I think that the CEO's and others who make it in business especially are smart sociopaths, so making up this phony letter would be just another effort to play by the rules (of conscience that guides most people) so that they can continue to pillage society at large. --Mike On Thu, Mar 26, 2009 at 4:47 AM, Christopher D. Green <[email protected]>wrote: > > Michael Smith wrote: > > Well, it wouldn't change my opinion. > No one, I believe, should receive $742,006.40 bonus after taxes. > If that is the bonus, what was his salary!!!??? > > Read the letter again. It was $1. > > Chris Green > =============== > > > On Wed, Mar 25, 2009 at 8:45 PM, Christopher D. Green <[email protected]>wrote: > >> >> So, this has absolutely nothing to do with teaching psychology, but you >> are interesting people who like interesting things. It is a letter of >> resignation from an executive at AIG that may change your view of the >> current bonus scandal. >> http://www.nytimes.com/2009/03/25/opinion/25desantis.html >> >> Chris >> -- >> >> Christopher D. Green >> Department of Psychology >> York University >> Toronto, ON M3J 1P3 >> Canada >> >> >> >> 416-736-2100 ex. 66164 >> [email protected] >> http://www.yorku.ca/christo/ >> >> ========================== >> >> --- >> To make changes to your subscription contact: >> >> Bill Southerly ([email protected]) >> >> >> > --- > To make changes to your subscription contact: > > Bill Southerly ([email protected]) > > > > > --- > To make changes to your subscription contact: > > Bill Southerly ([email protected]) > > --- To make changes to your subscription contact: Bill Southerly ([email protected])
