Archive for the ‘Robert Benmosche’ tag
AIG’s new leader is a jerk
AIG was bailed out by the American people but this fellow feels he can still put on a show.
According to numerous news reports, Benmosche has done everything from requesting corporate jets for personal use to saying he was prepared to tell Congress to "stick it where the sun don’t shine."
"We call that chutzpah," said Rep. Brad Sherman, D-Calif. "He’s determined that the federal government will continue to shovel money at him, his counterparties and shareholders. But why would we allow that?"
AIG has $182 billion in government bailout funds available to it, of which it has already borrowed $120.7 billion.
I wonder if this is how he acts with his family telling his wife and kids to “stick it where the sun don’t shine.” What makes him think he can get away with this publicly after AIG was bailed out?
