AIG CEO Benmosche Regrets Criticizing New York AG Cuomo

By | September 1, 2009

  • September 1, 2009 at 9:41 am
    Mike says:
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    tough talk from long distance…

  • September 1, 2009 at 12:53 pm
    Jess says:
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    Maybe he can say some words to bolster the demoralized US citizens who paid his workers bonus’s with their hard earned tax money.

  • September 1, 2009 at 1:03 am
    Liz says:
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    AIG is just a game for this rich guy. He’s off to his European retreat to oversee the harvest if his vineyards so he can have his private label wines. He’s independently wealthy so he can shoot his mouth off to anyone about anything and doesn’t care about repercussions. He’s ego driven like all the financial “executives” who thrives on a challenge so long as it doesn’t impact him personally. It’s more fun when your screwing with other people’s money and livelihoods. That’s the way it’s always been and nothing has changed.

  • September 1, 2009 at 1:23 am
    Alphonse Denayer says:
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    It is peculiar indeed that someone should have to apologize for adding an air of sanity to the mindless cacophony that has surrounded the “AIG” debate. In clear fact, the only culprits are the U.S. government which acted with gross negligence in this matter and the politicos who played on the ignorance of the people who have never red their consititution, for personal gain. The AIG Financial Products Group failed as a business and shuold have been spun off and placed in liquidation – no bailout needed. The only alternative that shuold have been considered was for the U.S. Government to guarantee AIG Financial Products Companies for a AAA rating, which would have precluded the need for AIG to advance any cash for losing their rating as required under the Credit Swap contracts, and not a dime of tax payer money would have been spent. I said this at the time of the bailout and Hank Greenberg said the same thing at RIMS 2009. There you have it. We live in a country governed by fools and opportunists.

  • September 1, 2009 at 2:06 am
    Ben Dover says:
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    I read the criticisms of his character by Jess and Liz and think that these are the attributes that a person needs to run AIG. He is a great choice. Met Life was a big diversified company, so he has that experience advantage. And he did the smart thing right away, to go meet with Maurice Greenberg to get a better understanding of how to handle this CEO task. And then he told Obama to back off, he wasn’t going to fire sale off certain assets just to repay some debt. He was going to do what’s best for AIG’s survival. Great move to get him!

  • September 1, 2009 at 2:48 am
    Jack J Maniscalco says:
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    Andrew Cuomo, son of Mario the Pious, wants to be governor. He wants it so bad he feels he needs to do some Spitzeresque grandstanding.

    If anyone had any obligation to look into AIG’s financial dealings, it should have been our Insurance Commissioner. But, that would have left the dauphin out of the spotlight.

  • September 1, 2009 at 5:09 am
    Alvin McEllen says:
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    Only bad part is he backed off the true comments.



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