Structured Investment Vehicle (SIV): Hedge-funder's getaway car

Matt Taibbi fires back at AIG whiner, Jake DeSantis, who wants millions in bonus and retroactive virginity...

Are we supposed to believe that Jake DeSantis knew nothing about Joe Cassano's CDS deals? If your boss and the top guys in your firm were all making a killing selling anything at all -- whether it was rubber kayaks, generic Levitra or credit default swaps -- you really wouldn't bother to find out what that thing they were selling was? You'd really just mind your own business, sit at your cubicle and put your faith in the guys up top to fill you in if there was something you needed to know?

...

I know plenty of people who work in this world, and I've met very few who didn't hate with every cell in their bodies anyone in their own companies who made more money than they did or got bigger bonuses at Christmastime. Gossiping about each others' bonuses, and bitching about each others' compensation, is the national pastime for these people.

Boo-freekin-yah! as Cramer would say, although he's quite the Sgt. Schultz, too.

As a fouro reader, you may already know the Mentorturous bitching Taibbi decribes from the soon-to-be-hard-copy "Executive Lexicon & Big Book of Business Wisdom." How about something from the "S" section: SIV...