AIG’s Bob Benmosche Realizes He’s an Idiot and Apologizes

bob benmosche

Since Ted Cruz is planning on talking from now until whenever, he should add in that Wall Street executives get free mental health screenings. Or at least access to better handlers. AIG’s Bob Benmosche has found himself under fire due to an interview he gave to the Wall Street Journal.

While discussing outrage over banker bonuses, he decided to drop this quote: “was intended to stir public anger, to get everybody out there with their pitchforks and their hangman nooses, and all that – sort of like what we did in the Deep South. And I think it was just as bad and just as wrong.”

Yeah. He compared people getting angry over bailed out firms getting bonuses to people getting lynched. For one, not a single banker was lynched, nor attacked or any other version of physical harm. They did however get their bonuses. So Bob gets to keep his sense of entitlement.

Wait, where have we heard rich, powerful people rail against entitlements before? Oh, that’s only for the lower class. My mistake Bob. Carry on brother. Get on your jet to the Hamptons. Wouldn’t want that nonexistent crowd to get you now, would we?

Of course, when morons say stupid things, they are quick to draw up equally idiotic apologies. A Wall Street apology? Why it was a poor choice of words. What PR firm drew up that one?

With his quote came the calls for his resignation. Officials in New York and in Congress were calling on AIG to distance themselves from the statement immediately.

Don’t worry, I’m sure the next time AIG works to implode the economy, they will come hat in hand again. Maybe Congress will remember the stupidity of upper management and promptly show them the door.