I’d never heard of this week’s “honoree” until today and don’t care to learn more about him. All I know for certain is that Robert Benmosche is the chief executive of insurance giant and bailout recipient AIG.I also know that he has a big fucking mouth, which he might want to keep zipped in the future:
Robert Benmosche told the Wall Street Journal
that “less than 10” employees were behind bad trades that led to a
massive collapse of the market, and that lawmakers suffering of
“ignorance” were wrong to demand accountability of AIG across-the-board:
“That was ignorance … of the public at large, the government and
other constituencies. I’ll tell you why. [Critics referred] to bonuses
as above and beyond [basic compensation]. In financial markets that’s
not the case. … It is core compensation.
“Now you have these bright young people [in the financial-products
unit] who had nothing to do with [the bad bets that hurt the company.] …
They understand the derivatives very well; they understand the
complexity. … They’re all scared. They [had made] good livings. They
probably lived beyond their means. …They aren’t going to stay there for
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.
Don’t you just want to throw this malakatudinous tycoon into the Benmosche-pit where he can dance with sweaty traders and whine about the ignorant public who don’t understand high finance and all that shit. We do understand greed, avarice, and overall malakatude, all of which he and the rest of his ilk are guilty of.
As the risk of channeling the dread Lynne Cheney, shut up Mr. Benmosche, you ignorant malaka. Nothing you are going through remotely compares to lynchings in the bad old days of Jim Crow. Not a damn thing. Nothing. This is just as bad as all the inappropriate Nazi analogies being tossed about by the teabaggers. Enough already.
It’s bad enough that AIG received a boatload of money from TARP, but it also got an additional $85 billion from the eebil guvmint because it’s “too big to fail.” It looks as if Malaka Benmosche’s mouth is too big to shut. How about a little gratitude or humility? You won, stop spiking the ball.