Tuesday, March 17, 2009

AIG's Greed

Seventy-three employees at American International Group received bonuses of $1 million or more, with one receiving more than $6 million.

Am I outraged? No.

For me, it's depressing and sad; the depth of greed that some people can sink to.

Among the questions I get about Thailand, because I lived there so long, relates to corruption. While the AIG shame is not corruption per se, it shares a common source, viz, unbridled greed.

Just for the record, here are a couple of definitions of greed:

1. Excessive desire to acquire or possess more (especially more material wealth) than one needs or deserves

2. Reprehensible acquisitiveness; insatiable desire for wealth (personified as one of the deadly sins)

I will continue to live on my Social Security at a level below the poverty line. I wouldn't trade places for anything.

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