Wednesday, March 18, 2009

One buck a year for the worst job in the world

Edward Liddy took the job of CEO of AIG in September 2008, at the behest of the government. He is taking one dollar a year as his salary. No bonus, no stock options, no stock. And all the grief in the world as well as a situation that can only lead to sevcre stress. He will be lucky if his health survives this ordeal.

On top of the mess to be resolved (dissolution of AIG), he, and his family, is receiving death threats as a result of the AIGFP bonus news.

Who would want such a job?

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