Bailed-Out Bank CEO: Public Criticism of Wall St. Bonuses is Just Like Lynchings

[TalkingDog]

billmoyers.com/2013/09/25/bailed-out-bank-ceo-public-criticism-of-wall-st-bonuses-is-just-like-lynchings/

In an interview published Monday in The Wall Street Journal, AIG chief executive Robert Benmosche compared the American public’s outrage at bailed-out Wall Street execs grabbing bloated bonuses to African-Americans being lynched in the Old South.

No, really. Here’s the quote (brackets are in the original):

The uproar over bonuses was intended to stir public anger, to get everybody out there with their pitch forks and their hangman nooses, and all that–sort of like what we did in the Deep South [decades ago]. And I think it was just as bad and just as wrong.

In 2008, AIG received $85 billion from American taxpayers on top of the funds made available from the TARP program. Less than a week later, a bunch of AIG executives went on a “retreat” to the luxurious St. Regis Resort in Monarch Beach, Calif., where they ran up a bill of almost a half-million dollars, including $150,000 for meals and $23,000 in spa charges.

[Nuclear Unicorn]

1. "sort of like what *we* did in the Deep South"

Who needs a hanging when this idiot shoots himself?

The way I see it: we get nothing in return for our twice stolen money. If nothing else we bought ourselves the right to call this jackass a jackass.

[Aerows]

2. In the interest of being polite I won't say what my initial urge was to say

but it involved the letter "F" and the word "You".

[RevStPatrick]

3. This guy sounds almost as douchy as that Binswanger fellow...

And deserves the same response:


BENMOSCHE!!!!!!!!




Of course, with this guy, we get to add this little bit:

"We're coming for ya, Benmosche:"

[Dawson Leery]

4. These TBTF banks needed to fail.

[gopiscrap]

5. what a fucking asshat!