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NEW YORK (Reuters) - Several more employees are leaving the controversial financial products unit that brought American International Group Inc to its knees last year, according to a person with knowledge of developments there.
The resignations are in addition to the "handful" of senior AIG Financial Products executives who have already given notice, said the person, who could not quantify the total number of departures.
To date, AIG said the situation at the financial products unit remains "manageable," despite the departures. But if too many employees quit, Chief Executive Edward Liddy has warned it could be disastrous for AIG and, ultimately, for U.S. taxpayers who are the insurer's majority owners.
That's continuation of exodus from AIG which was very well vocalized by Exec. VP Jake DeSantis
Also if you want to humor yourself HERE is a picture of media during the protests at AIG executives in CT. There was only 1 bus with protestors and several wans of media. At the same time reporters "missed" Tea Party of about 5000 people in Florida.
The resignations are in addition to the "handful" of senior AIG Financial Products executives who have already given notice, said the person, who could not quantify the total number of departures.
To date, AIG said the situation at the financial products unit remains "manageable," despite the departures. But if too many employees quit, Chief Executive Edward Liddy has warned it could be disastrous for AIG and, ultimately, for U.S. taxpayers who are the insurer's majority owners.
That's continuation of exodus from AIG which was very well vocalized by Exec. VP Jake DeSantis
Also if you want to humor yourself HERE is a picture of media during the protests at AIG executives in CT. There was only 1 bus with protestors and several wans of media. At the same time reporters "missed" Tea Party of about 5000 people in Florida.
