Tapping into the anger of the American public, American International Group has changed its name. Aware that huge unearned bonuses given to employees using taxpayer money has stirred never before seen levels of rage against Wall Street, the chief officers of the company formed a task force and invested $150 million in taxpayer bail out funds to come up with a plan to find an appropriate logo. It was decided to offer $50 million in taxpayer cash to whichever company insider could come up with the snappiest title. “We were quite worried, said Edward M. Liddy, CEO of the maligned organization, “we dipped into our taxpayer funded rainy day cash and found the funds to hire yet another public relations firm, E.C. Howell Ltd, that charged only $80 million to assist in the contest… a real bargain.” In the end it was Charles Morrisett in the credit swap derivatives department that snagged the $50 million dollar prize for his entry, “Assholes In Charge”, or A.I.C. Mr Liddy was positively beaming as he handed the check to Morrisett and was heard to quip, “don’t spend it all in one place”.
A.I.G. Changes Name
