Knowing when to fold ‘em.
If you haven’t read Jake DeSantis’ public resignation from AIG, you should.
It bears no surprise to this free market capitalist that businesses have and will suffer greatly from Congresses grand standing and bloviating in Washington these last several weeks. Why would anyone care to work for a company that has taken taxpayer money if they will be personally lambasted for doing a good job and compensated for doing so.
It’s clear that Congress has no desire to hear or even seek out the facts, and makes no bones about acting childishly before the people that are working to unwind troubled companies.
As with any good poker game, with employment you must know when to hold ‘em, and know when to fold ‘em. And this is a prime example of when it’s just a smart move to walk away from the table.
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