Posted on 11/11/2009 6:01:48 AM PST by matt1234
Has the AIG CEO Robert Benmosche, just three months into the job, had enough? The Wall Street Journal scoops the field this morning with news from inside the AIG board room that Benmosche has informed the board "he is considering stepping down as chief executive of the government-controlled insurer." Benmosche dropped the bomb last week, saying he was "done." According to the Journal's sources, Benmosche "is chafing under constraints imposed by AIG's government overseers, particularly a recent compensation review by the Obama administration's pay czar, Kenneth Feinberg." He's not quite out the door yet, though. He agreed to think over his hasty comments at the behest of a shocked board. The newspaper adds that it's unclear whether Benmosche would really resign so soon, as it's his style to be blunt and "ruffl[e] feathers." But maybe Benmosche, the 65-year-old ex-CEO of MetLife Inc., just wants to return to his Croatian idyll where he spent his first weeks on the job at the teetering insurer, as Reuters reported in August.
(Excerpt) Read more at thebigmoney.com ...
It’s all part of the plan ... if the CEO steps down, Obambi will have to appoint someone to take over.
Oh yeah, right! We should be reticent about controlling OUR money that Paulson the Wall Street thief gave to the crooks at AIG. Let’s make sure Benmosche has unfettered access to our money. Maybe he can use it to further upgrade his palazzio on the Dalmatian coast in Croatia! /s
“He bought the stone house (then a “complete wreck” in his words) in 2001 for about $1 million, and has since spent several times that amount in rebuilding the house and gardens. He used many imported materials, including Italian tiles, and added Viking stoves, an 18th century French tapestry, a well-stocked wine cellar and a huge 1922 Persian rug.
The terraces stretch across 160 or 170 feet…of sea front, where he keeps a 135 horsepower boat parked in front.
“Every bathroom is like a piece of art,” he said while showing off his master bathroom with his wife Denise. “Women go wild when they walk in here.” The room had an oversize wall-to-wall mirror, Jacuzzi, large glass-enclosed shower and plenty of natural light.”
If this sob Benmosche doesn’t like the conditions attached to his employment by his employers, that’s us btw, he’d best leave and soon.
Memo to Wall Street and Big Business: You made your bed when you begged for government money, now lie in your own filth. This is what happens when you sell your soul to the government. They take over completely and tell you what you can and cannot do. Be careful what you wish for because when you get it there are always unintended consequences. We are all seeing those consequences being played out right now throughout the entire country.
The crooks at AIG are the scapegoats for Bawney Fwank and bozo. They were forced to disperse the money from TARP, it was in the legislation. Then they get the blame.
Don’t fall for the AIG/Bankers are evil crap, you’re being played for a fool. You should be hoping those bankers make 10 times what their making and get us out of this mess. Don’t fall for the envy politics. Its meant to divide and keep the gummit in power.
You want to find the corruption, look at congress.
Pray for America and Capitalism
You mean he is pissed because it doesn't have the free access to the tax payers check book.
Screw AIG, split it up and sell it. It is a bottomless pit to throw tax payers great grand kids money down. What a POS company, some of you people have no grasp of the fact that this company has pissed away trillions and they want you to cover the bet.
What you said.
““Every bathroom is like a piece of art,” he said while showing off his master bathroom with his wife Denise. “Women go wild when they walk in here.” The room had an oversize wall-to-wall mirror, Jacuzzi, large glass-enclosed shower and plenty of natural light.””
I know a lot of things about this crooked thieving company that others don’t.
Read the above, and all the little people will see that these fat elites live larger than any king or czar has ever dreamed of ... they ride in limos and want us to use a bike. OR walk. Or crawl.
They are above, we are below.
Remember the center lanes of the Moscow roads that were to be exclusively used by the Communist part elite? Under penalty of 20 years locked up to die in Siberia?
Does anyone doubt that Big O and his puppeteer Axelrod are 100% confirmed communists???
If you were raised for 8 years, from the age of 10 to 18, by a card carrying bi-sexual radical AA Communist from Chicago with a 601 page FBI file, what kind of Community Organizer would you be?
One who prefers “Marxist professors”, so that you wouldn’t be a “sell-out”???
Is it any wonder no college records have been released, or ever will be?
HIs first pol, to whom he was “chief of staff”, flew often to Moscow for the Communist Party Congress and came back praising the Soviet Union. He didn’t quit and he didn’t protest.
When he cheated her by getting her kicked off the re-election ballot (using legalistic tricks, just like he does now), SHE never protested, nor would accept any interviews.
Can you say “Party Discipline???
I mean, his mother met his “father’ while studying Russian for God’s sakes -— in 1959!!!
Have you never read in a history book that the Russians look for future agents in Russian Language classes? Of course! Where else to look?
Please read this, and tell everyone:
Then ask yourself, and everyone around you:
Why do the President’s two daughters both have Russian names???
Ever met any African-American who has two children, both with Russian names???
Ever met ANYONE who has two children, both with Russian names???
I haven’t.
Mmmm mmmmm mmmmmm.
http://canadafreepress.com/index.php/article/15127
“The crooks at AIG are the scapegoats for Bawney Fwank and bozo.”
Nonsense. They created and gleefully sold the credit default swaps and made billions, for a while. Frank didn’t make them engage in a massive Ponzi scheme or do you believe that mincing sissy forced international capitalism to make billions? And you may remember that this took place on the Bush watch, not Obama’s. Making up excuses for what AIG and others did so you can blame the Dems is self delusional. When the party ended AIG and its fellow racketeering outfits threatened to tank the economy of the whole world unless they were bailed out and Paulson the Thief and the rest of the moneymen took OUR money and gave it to them. That’s not capitalism, b, not even close. Its extortion on a global scale.
If we are going to change things, we need to be clear eyed about what happened.
I think it is fair to assume that in 2008 Mr. Benmosche attended elite cocktail parties in swank penthouses at which the guests sipped sophisticated cocktails and talked about how exciting Obama was and how dreadful Bush was and how utterly pathetic Sarah Palin was.
Suck it up you elite POS. Out here in no man’s land, us plain folk are trying to survive and no gov’mint loans seem to be comin’ our way.
Simple straight froward and 100% correct, you would need to be a complete idiot not to understand this. Yet day in day out some slow witted fool starts the barney the queer crap.
People, the bankers did what they did to make money, they don't give a rats-ass about barney either.
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