{"id":38814,"date":"2013-09-26T10:51:14","date_gmt":"2013-09-26T16:51:14","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2013\/09\/26\/dear-aig-board-you-might-want-to-fire-your-ceo.html"},"modified":"2013-09-28T12:27:42","modified_gmt":"2013-09-28T18:27:42","slug":"dear-aig-board-you-might-want-to-fire-your-ceo","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2013\/09\/26\/dear-aig-board-you-might-want-to-fire-your-ceo.html","title":{"rendered":"Dear AIG Board: You might want to fire your CEO"},"content":{"rendered":"<div class=\"gpb-content\">Because he&#39;s clearly incompetent, unable to figure out the potential emotional reactions to the things he blurts\u00a0during an on-the-record interview. \u00a0I mean, somehow, even though he&#39;s presumably smart and savvy and politic and charismatic enough to become the CEO of a major financial institution, he <i>still<\/i> suffers from an involuntary &quot;poor choice of words&quot; now and again. And, sometimes, again.<\/p>\n<p>I mean, if you don&#39;t replace him then, next thing you know, he might inadvertently make a poor choice again and say something that will cause your stock to tank. Better safe than sorry.<\/p>\n<p>Of course, it&#39;s possible that he was very sincere and intentional in saying what he did, and that the apology he issued is simply a rubber-stamp lie to assuage the masses who might take exception to his &quot;here&#39;s how we think of things inside the business&quot; words. \u00a0But I&#39;d rather give him the doubt and accept his apology on face value.<\/p>\n<p>In which case, he should be fired as a potential menace to the company.<\/p>\n<p>(h\/t <span class=\"proflinkWrapper\"><span class=\"proflinkPrefix\">+<\/span><a href=\"https:\/\/plus.google.com\/103748887870095862080\" class=\"proflink\" oid=\"103748887870095862080\">Les Jenkins<\/a><\/span>)<\/div>\n<p class='gpb-article' style='clear:both;'>\n<div style='height:120px;width:120px;overflow:hidden;float:left;margin-top:0px;padding-top:0px;margin-right:10px;vertical-align:top;text-align:center;clear:both;'>\n                                                    <img style='max-width:none;' src='https:\/\/lh4.googleusercontent.com\/proxy\/OlrO5iWQPYw11N8KzP050ohvQGtljf3X1n1Jtak4jX8IAbQLoO8iw2VxrJ4eQ4h5YP-1UZHUHx7Eqx5jqrlv9NH9OoJOklt45JO9gBcvHLpUPJ76183e_Klz5maa6XEZ43pe0BDC2KiNuhk=w120-h120' border='0' \/>\n                                                <\/div>\n<p>                                                <a href='http:\/\/consumerist.com\/2013\/09\/25\/aig-ceo-sorry-you-were-offended-when-i-equated-public-backlash-with-lynching-again\/'>AIG CEO: Sorry You Were Offended When I Equated Public Backlash With Lynching&#8230; Again<\/a><br \/>\n                                                Apparently they don&#8217;t cover this in business school. When you&#8217;re the CEO of one of the most despised companies in the world, it&#8217;s probably best to not repeatedly make a statement that equates publi&#8230;\n                                            <\/p>\n<p class='gpb-links' style='clear:both;'> <a class='gpb-linkback' href='https:\/\/plus.google.com\/101083456815352083930\/posts\/f4EJcaYYshv' target='_new'>View this post on Google+<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Because he&#39;s clearly incompetent, unable to figure out the potential emotional reactions to the things he blurts\u00a0during an on-the-record interview. \u00a0I mean, somehow, even though he&#39;s presumably smart and savvy and politic and charismatic enough to become the CEO of a major financial institution, he still suffers from an involuntary &quot;poor choice of words&quot; now &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2013\/09\/26\/dear-aig-board-you-might-want-to-fire-your-ceo.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dear AIG Board: You might want to fire your CEO&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,35],"tags":[],"class_list":["post-38814","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-big-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":31539,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/11\/29\/i-know-nutzing-i-zee-nutzing.html","url_meta":{"origin":38814,"position":0},"title":"&quot;I know nutzing! I zee nutzing!&quot;","author":"***Dave","date":"Thu 29-Nov-12 12:25am","format":false,"excerpt":"One wonders why Bank of America actually pays this guy millions of dollars a year as CEO, given his remarkable ignorance \/ brainfarts over a multi-billion dollar acquisition that he's previously been willing to comment about.Reshared post from +Kevin SmithThe poor guy was only paid\u00a0\u00a0$8.1 million last year, you can't\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137731,"url":"https:\/\/hill-kleerup.org\/blog\/2019\/01\/31\/pity-the-poor-bullied-billionaire.html","url_meta":{"origin":38814,"position":1},"title":"Pity the Poor, Bullied Billionaire","author":"***Dave","date":"Thu 31-Jan-19 5:45pm","format":false,"excerpt":"Howard Schultz isn't running as a Republican because Donald and the party already have their thumb on the scales to re-nominate Trump in a way that puts any Clinton-Sanders-DNC shenanigans from 2016 to shame.Howard Schultz isn't running as a Democrat because he's not one. Not even a centrist Third Way\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133745,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/06\/28\/will-rex-tillerson-be-the-first-trump-secretary-to-bail.html","url_meta":{"origin":38814,"position":2},"title":"Will Rex Tillerson be the first Trump secretary to bail?","author":"***Dave","date":"Wed 28-Jun-17 10:49pm","format":false,"excerpt":"We often read about how frustrating DC has been for Donald Trump, a free-wheeling CEO who is used to giving orders and having them executed, to suddenly find himself mired in politics and institutional restraints and checks and balances and all that folderol.But consider poor Rex Tillerson, a CEO of\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133254,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/04\/11\/uniteds-ceo-is-suddenly-not-blaming-the-victim.html","url_meta":{"origin":38814,"position":3},"title":"United&#039;s CEO is, suddenly, not blaming the victim","author":"***Dave","date":"Tue 11-Apr-17 11:08pm","format":false,"excerpt":"Apparently United's corporate communications department has stormed CEO Oscar Munoz' office, tied him down, and started issuing communiques in his name.'The truly horrific event that occurred on this flight ...'Okay, just to level set the situation, I would call it deeply disturbing, highly embarrassing, and commercially outrageous. I prefer to\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129914,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/02\/28\/destroying-democracy-because-people-are-mean-to-him.html","url_meta":{"origin":38814,"position":4},"title":"Destroying democracy because people are mean to him","author":"***Dave","date":"Sun 28-Feb-16 12:53am","format":false,"excerpt":"The Federalist Party in 1798 responded to the vitriol of the 1796 elections and succeeding years, with the Alien and Sedition Acts, signed with some reluctance (and unusually poor judgment) by John Adams. The Sedition Act made it a federal crime to make false statements critical of the federal government\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20648,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/04\/03\/unblogged-bits-sun-3-apr-11-1730.html","url_meta":{"origin":38814,"position":5},"title":"Unblogged Bits (Sun.  3-Apr-11 1730)","author":"***Dave","date":"Sun 3-Apr-11 5:30pm","format":false,"excerpt":"Links (most recent first) that caught my eye, but did not warrant full-blown blog entries .... Still the right's favorite fake historian - Barton's a dolt -- and the Right's embrace of him because he says things they want to hear only hurts their already fragile grip on reality. 'He's\u2026","rel":"","context":"In &quot;Potpourri&quot;","block_context":{"text":"Potpourri","link":"https:\/\/hill-kleerup.org\/blog\/category\/potpourri"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/38814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=38814"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/38814\/revisions"}],"predecessor-version":[{"id":38845,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/38814\/revisions\/38845"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=38814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=38814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=38814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}