Posted On: November 19, 2008, 4:25 pm CST

Posted By: Guy in the know

David, I agree on most of your points. In general, the main concern is that the execs could leave, granted, it would not be the worst thing for some of them to be gone, but they need experienced execs in place to instill confidence in the rest of the workforce (116k people). The problem that the deferred comp creates is that if the exec leaves now, they could access their deferred compenstation now which they have seen as a benefit toward leaving the company. AIG needs to have the right people in place in order to come out of this crisis.