07 December 2009

Don't Let the Door Hit Your Ass on the Way Out

Senior executives at AIG are threatening to quit if the pay Czar cuts their salaries.

The appropriate response here is, "Fine …… Go …… But we will scrupulously enforce your non-compete contracts, so if you go to a competitor who has had dealings with AIG, or with a firm that would benefit from your knowledge of AIG we will go after you."

Note that this means pretty much everyone in high finance world wide.

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