Friday, March 27, 2009

Public Resignation

AIG (American International Group) has been in the news a lot lately, so it's not surprising that AIG showed up in the New York Times this past Tuesday. This time, it was a little different. An executive vice president of the financial products unit of AIG sent his resignation letter to the New York Times to be published. Jake DeSantis decided to publicly resign from AIG, stating that he was ashamed of the company for what is currently happening but proud of the work he had done. DeSantis received a bonus check for $742,000 from the company eight days before he resigned. In his resignation letter he states that if he is allowed to keep the money, he plans to donate the entire amount and will publish the recipients once he has done so.

How does this story connect to Mark Twain? Well, DeSantis currently lives in Redding, CT on the same property that Sam Clemens lived on at the end of his life. The piece written by the Connecticut Post describes DeSantis and his wife as "generous people with a lot of heart." The director of the Mark Twain Library (which donations from Clemens helped found, as well as a collection of his books) said that DeSantis has been a great friend of the library since moving there.

*Caitlin

"In all the ages, three-fourths of the support of the great charities has been conscience money." - Mark Twain

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