AIG's ex-CEO Refuses $22 Million Payout

[Mike Sellers]

Gutenberg wrote:
He was the CEO for three whole months! $22 million is cheap.

Seriously, I think this fellow looked down the road a bit and realized that the amount of flak he would take for accepting the $22 million would make it not worth accepting.

Considering how much of a rarity this kind of behavior is, I say let's give him the benefit of the doubt. No one will follow his example if his actions are automatically met with suspicion instead of praise.