Off-Topic: Tell me you're kidding!

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	Name:	MartiniMan -
	Subject:	Tell me you're kidding!
	Date:	3/25/2009 4:53:22 PM

Hound: Surely you don't really believe that is the role of an outside director? Let me once again educate you so you understand how BOD's work in business. There are specific rules for the roles and responsibilities of directors whether internal or external. Typically each board member has an equal vote. Also, there are numerous committees (i.e., compensation, governance, etc.) that have significant influence on the direction of a company. Often those committees are headed by outside directors because they allegedly have a different set of motivations than inside directors that are also employees (i.e., CEO, COO, CFO and so on). So while an outside director typically only has an equal vote with inside directors, they may have significant influence on the direction given to the management team. I have no idea what AIG's board roles and responsibilities were but I can assure you it was more than another pretty face in the boardroom, particularly given the scrutiny investors and the SEC give to board decisions.