Jake Desantis

What If GM or AIG Were a Non-Profit?

Cameron Sinclair | Posted 05.25.2011

Cameron Sinclair

What if GM or AIG were treated like a charitable organization, non-profit or not-for-profit company? Would we prop up bad management for the sake of the mission? I don't think so.

Why I Have No Sympathy for Jake DeSantis

Mitchell Bard | Posted 05.25.2011

Mitchell Bard

You would think that those who created the financial mess would have some humility. But you would be wrong. DeSantis's letter is just one example.

Bonus Cry Baby

Roger Smith | Posted 05.25.2011

Roger Smith

I went back to Mr. DeSantis' tear-stained letter of resignation, and tried to see if indeed his outrage at the very idea of being asked to give his bonus back possibly justified. I quickly concluded, No way.

AIG Resignation Letter In NY Times By Jake DeSantis

NY Times | Posted 05.25.2011

The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group's financial products unit,...

How Would The Real World's Scott Herman Have Handled the AIG Bonus Controversy?

Etan Bednarsh | Posted 05.25.2011

Etan Bednarsh

It took us a long time to get to a calm place with AIG. Amazingly, it took Scott Herman a lot less time.