As we try to develop a comprehensive picture of what exactly happened at AIG’s compliance group over the last couple of years (the very group tasked with ensuring that the company complied with laws and regulations), sources have provided additional pieces of the puzzle.
Christina Mallus, the legal HR manager during the crisis at AIG, whom we understand has since been promoted, was deeply involved in assisting senior compliance management (Anastasia Kelly, Suzanne Folsom, Kathleen Chagnon and Karen Nelson) in their successful efforts to make senior compliance officers disappear if they raised issues of mismanagement. Several compliance officers complained to management and wrote letters to the AIG board of directors before September 2008. These complaints and letters, which contained allegations of incompetence, lack of resources, discrimination, racism, cronyism and nepotism, were seen by Kelly, Folsom and the others as cause for retaliation and dismissal. Kelly, in fact, controlled all avenues of whistleblowing at AIG; even the Ethics Hotline reported back to her.
Read More