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 Post subject: Robert Benmosche
PostPosted: Fri Feb 27, 2015 2:31 pm 
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You probably hated AIG for taking so much Federal Government money. Well this guy made sure the treasury was paid back.

"(Bloomberg) -- Robert Benmosche, the combative former chief executive officer of American International Group Inc. who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70. "

http://www.bloomberg.com/news/articles/ ... dies-at-70

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 Post subject: Re: Robert Benmosche
PostPosted: Fri Feb 27, 2015 2:34 pm 
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I worked there during the whole financial thing. This guy was just another hot air blowing overpaid executive asshole.

RIP

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 Post subject: Re: Robert Benmosche
PostPosted: Fri Feb 27, 2015 2:34 pm 
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denisdman wrote:
Well this guy made sure the treasury was paid back.
What a hero.

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 Post subject: Re: Robert Benmosche
PostPosted: Fri Feb 27, 2015 2:36 pm 
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sjboyd0137 wrote:
I worked there during the whole financial thing. This guy was just another hot air blowing overpaid executive asshole.

RIP



Always hard to get that perspective from the outside. I hate all things AIG, so that doesn't shock me.

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 Post subject: Re: Robert Benmosche
PostPosted: Fri Feb 27, 2015 2:37 pm 
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Forgot the fact they committed crimes, when you are that big you get to borrow the money you blew and pay it back...and all is well.

Everyone else pays penalties every month it seems.

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 Post subject: Re: Robert Benmosche
PostPosted: Fri Feb 27, 2015 4:17 pm 
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denisdman wrote:
sjboyd0137 wrote:
I worked there during the whole financial thing. This guy was just another hot air blowing overpaid executive asshole.

RIP



Always hard to get that perspective from the outside. I hate all things AIG, so that doesn't shock me.

The worst part of it all was that the bulk of the issue was a British subsidiary that made the bad investments. I was on the insurance side and my division was making money hand over fist.

American executives let those lymie bastards get away with murder and got the gubmint to bail their asses out. The CEO got a fat severance, the British still got their bonuses, and we as the employees wondered if we would have jobs, or be sold, or whatever. Then we got to keep our jobs with pay freezes in place, even though we were still killing on profits. Then I had the pleasure of riding out the bullshit for another 4 years until I got laid off because they were cutting supervisors and I made too much money.

Fuck AIG. I hope the next time they fuck up (and you know they will), it kills them.

To top it off, having them on my resume made me spend my first 6 months of interviewing have to relive all of that crap because everyone wanted to know what it was like.

I hope Benmosche is rotting in hell with the rest of his cocksucking executive cronies.

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 Post subject: Re: Robert Benmosche
PostPosted: Fri Feb 27, 2015 4:38 pm 
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sjboyd0137 wrote:
sjboyd0137 wrote:
RIP


I hope Benmosche is rotting in hell with the rest of his cocksucking executive cronies.


That escalated rapidly.

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 Post subject: Re: Robert Benmosche
PostPosted: Fri Feb 27, 2015 4:47 pm 
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I was trying to be nice at first...

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 Post subject: Re: Robert Benmosche
PostPosted: Sat Feb 28, 2015 1:07 am 
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I don't get the hatred for this guy...he had nothing to do with the implosion...was brought in to the company AFTER the meltdown and turned it around.

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 Post subject: Re: Robert Benmosche
PostPosted: Sat Feb 28, 2015 1:21 am 
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 Post subject: Re: Robert Benmosche
PostPosted: Sat Feb 28, 2015 2:23 am 
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Jaw Breaker wrote:
I don't get the hatred for this guy...he had nothing to do with the implosion...was brought in to the company AFTER the meltdown and turned it around.

Media perception.

There was really nothing to turn around. The shit divisions were dealt with. The profitable divisions were pretty much kept as is...until they went on the cheap around late 2012.

That is all.
Just another corporate executive cocksucker.

He didn't really do shit...just followed through on the ideas that Ed Liddy put in place.

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