Wednesday, March 25, 2009

Dear Mr. DeSantis...

Dear Mr. DeSantis,
I sympathize with your predicament, being scapegoated for something you didn't have a hand in directly. You know, not all taxpayers got out their pitchforks and demanded the return of your bonuses, either, but you seem intent on punishing us all with your resignation. Your public letter did earn some empathy from me, but it certainly didn't make me like you. I understand your legitimate desire to resign. Whether or not you "deserved" the full amount of the retention payment, it was a necessary payment and the contract should have been honored or at least renegotiated with notice and respect to you. However, it would have been a really big gesture, worthy of an op-ed in the New York Times, had your ultimate decision been to suck it up and get back to work.
I take solace in the fact that you apparently didn't know enough about credit default swaps to be a whistleblower for your division, which mitigates the loss of your efforts in unraveling them.
All the best in your new career,
A Taxpayer

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