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11 comments

1 Shiplord Kirel  Tue, Sep 24, 2013 10:44:29am

I think not. A couple of lynchings.

I have to say, though, that he might be on firmer ground if he had invoked the Paris mob and the guillotine.

2 Zombie Mutt  Tue, Sep 24, 2013 11:02:39am

They really are oppressed aren’t they? Take the economy, drive it into the ground at 1000 MPH, get bailed out by the taxpayers who lost billions, slap each other on the back and give themselves more money and then cry when someone calls out the debacle. Yes indeed. I think their legal department operates something like this. “Is it legal?” Technically, yes. “And is it moral?” Absolutely not. “Do it.”

3 ThomasLite  Tue, Sep 24, 2013 11:35:08am

re: #1 Shiplord Kirel

I have to say, though, that he might be on firmer ground if he had invoked the Paris mob and the guillotine.

^^This.
And really, how do you get to a post as CEO if you’re either so tone-deaf or so bad at expressing coherent thought to say something like this in an interview?

To be really, really charitable: parallels can be drawn with regards to how both these things (tend to) involve, and I’m taking the more hard-line anti-any-kind-of-investment-banking crowd here, thoughtless participation in a kind of mob mentality, “us versus them” thinking, smearing the other parties’ reputation and all that seemingly aimed at increasing coherence (for lack of a better term, sorry) within the own group.
I can see a bit of a point there.
Holy mother of batman scale/severity discrepancy, though…

4 EPR-radar  Tue, Sep 24, 2013 11:54:57am

Poor baby. Of course he thinks outrage over the bonuses paid is as bad as a lynch mob. He is acutely aware of anything unpleasant that might affect him, and oblivious to anything unpleasant that affects others.

The worst aspect of the 0.001% mentality is right there. Other people (i.e., the poors) simply do not matter.

5 Joanne  Tue, Sep 24, 2013 12:09:10pm

re: #3 ThomasLite

People like this are not tone-deaf, they are greedy, selfish motherfuckers. Pity the poor millionaire and their million dollar bonuses.

6 RealityBasedSteve  Tue, Sep 24, 2013 12:26:55pm

re: #1 Shiplord Kirel

I think not. A couple of lynchings.

I have to say, though, that he might be on firmer ground if he had invoked the Paris mob and the guillotine.

Of course, you know that the US Government has purchased 30,000 guillotines don’t you? It’s true, it’s true!!!!

I’m not the most “aware” person when it comes to things I say at times (who would have thought “You don’t really sweat much for a fat person” could be considered insensitive), but even I think that this guy is tone deaf in a very profound way.

RBS

7 ThomasLite  Tue, Sep 24, 2013 1:05:43pm

re: #5 Joanne

People like this are not tone-deaf, they are greedy, selfish motherfuckers. Pity the poor millionaire and their million dollar bonuses.

…Even if that’s true they’d still have to be tone-deaf to make a statement like this; it flatly isn’t in their interest in that case.

8 wrenchwench  Tue, Sep 24, 2013 2:16:51pm

Why did WSJ publish an article about the interview with the AIG CEO four days ago, without including the part about ‘sort of like what we did in the Deep South’, or even mentioning that Mr. Miller was also interviewed at the same time, and then put out another article in their ‘people’ section four days later including both?

Did it take that long to realize they were sitting on click-bait?

9 majii  Tue, Sep 24, 2013 2:44:17pm

Never mind that the reasons for the lynchings and other deaths of blacks in the Old South were often based on trumped up charges lodged against the accused individual, such as the charge of “looking/whistling at a white man’s wife.” This was stated as the reason 14 year old Emmitt Till was killed in Mississippi in 1955. This sucker doesn’t realize that the charges we are lodging against the financial institutions are valid and manifest themselves everyday in the growing income inequality between the one and two-percenters and the rest of us. In the minds of these CEOs asking them to reveal their yearly bonus amounts is the worst kind of persecution they can imagine.

10 Romantic Heretic  Tue, Sep 24, 2013 3:09:46pm

This is why I never refer to these jokers as capitalists.

Actual capitalism is risky. You never know if you’ll succeed and if you fail you’ll lose all you’ve invested. Also, capitalism creates consumer goods and services. Fancy financial instruments are speculation, gambling.

People like Mr. Benmosche risk nothing. No matter how incompetent they are they will be rewarded handsomely. They believe their mere existence is enough.

Just like the courtiers at Versailles.

11 Skip Intro  Tue, Sep 24, 2013 3:35:15pm

AIG CEO apologizes for comments equating bonus criticism and lynching (I’m sorry if any of you parasites were offended)

The head of insurer American International Group apologized for a “poor choice of words” on Tuesday after coming under fire for equating criticism of banker bonuses with the lynching of African-Americans in the Deep South.

Outrage over bonuses paid to bankers “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 . And I think it was just as bad and just as wrong,” Chief Executive Bob Benmosche was quoted as saying in an interview in The Wall Street Journal.

His words provoked a sharp reaction.

“Simply outrageous. AIG should disavow statement now,” tweeted Benjamin Lawsky, the superintendent of the New York Department of Financial Services.

Rep. Elijah E. Cummings, a Maryland Democrat, called for Benmosche to resign.

“I find it unbelievably appalling that Mr. Benmosche equates the violent repression of the African American people with congressional efforts to prevent the waste of taxpayer dollars,” Cummings said in a statement.

Benmosche later apologized for the remarks.

“It was a poor choice of words. I never meant to offend anyone by it,” Benmosche said in a statement.

news.fidelity.com

Once an entitled prick, always an entitled prick.


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