Sign of the times

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Great email from AIG to bloggers (assuming it’s true):

Earlier today, AIG announced an important policy change - one that we wanted to be sure you knew about. 

A short time ago, our Chairman and CEO Ed Liddy said that he has ordered the immediate cancellation of all outside meetings, conferences, and recognition events across AIG, except those that are required by law or that are deemed absolutely critical to sustain our ongoing business needs. 

Given AIG’s commitment to our customers, business partners, regulators, and American taxpayers, coupled with the new and very different challenges our company now faces, we take these responsibilities extremely seriously. Their trust is critical to our success. We recognize the need to be sensitive about all company expenditures. 

As we move forward, we will continue our focus our efforts to pay back the $85 billion loan from the Federal Reserve Bank of New York as quickly as possible. 

We appreciate your blog’s efforts to share this information with your readers. 

Best,
AIG Blog Relations

Thanks to Eschaton for republishing it.

In this week of recognising Mental Health Issues (such as depression), I’m sure there are many more members who are suddenly should consider tapping into the resources of organisations around the world like Beyond Blue.

Thanks to stevekrh19 for the use of his photo at sxc.hu

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