Word: marche
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...slow to address them and was himself fired in September. His replacement, who holds the job now, is Edward Liddy, former head of Allstate. Liddy's most notable accomplishment since moving into the corner office was his ability to stand up to a withering cross examination in March about AIG's collapse. The roasting may have been entertaining, but Liddy had nothing to do with the issues that caused AIG's demise, or the pay packages that some of its executives received while the company rolled over and sank into the dark waters...
...fury over AIG executives' bonuses is heightened by the overall anonymity of those behind the broader economic collapse, for which no one is being held responsible [March 30]. However understandable, this scapegoating distracts from the bigger problem and may debilitate the political will to enact appropriate legislation. Connell J. Maguire, RIVIERA BEACH...
...work for a company acquired by AIG, and I'm a victim too [March 30]. What I'd like to know is that more than 99% of the folks who work for the insurance giant are not to blame for this pathetic mess. I work mostly with nonprofits like hospices andfood banks. Our 55-year-old company, VALIC, was highly respected for its integrity and personal service. AIG is now selling our profitable company to the highest bidder to help pay back taxpayers. The good news is that we are reversing our ill-advised name change, dropping AIG Retirement...
...NATO's Role I totally disagree with Joseph Joffe about NATO [March 30]. It should have been disbanded when the Warsaw Pact was dissolved. NATO (or should that be the U.S.?) has started many of the recent wars, using Sept. 11 as an excuse, and dragged its allies into expensive and - as will eventually be proved - fruitless wars. Russia is neither a threat to Europe nor the rest of the world, however, bringing NATO to its borders is provocative. Would the U.S. be happy if Russia made military alliances with Canada or Mexico? I doubt it. Peter Hendricks, reliquias, portugal...
...Apologies In her profound essay Nancy Gibbs' observation that we have "corrupted the culture of contrition" is the direct consequence of the erosion of personal grace in our society [March 30]. Sadly, decency has been replaced in great measure by coarseness - hence the absence of remorse or contrition. When our courts can demand that a defendant pay damages but not insist on any admission of guilt, we further validate as unnecessary any gesture of true contrition. Edmund Nasralla, BOCA RATON...