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Bob Benmosche

Bob Benmosche thinks the government is inconsiderate, said Jessica Pressler in New York magazine. If that strikes you as a bit rich coming from the CEO of AIG, you aren’t alone; after all, AIG’s $182 billion bailout “was one of the most despised events in recent American history.” But Benmosche, who has a knack for bombastic pronouncements about why the feds were responsible for the financial crisis—and why AIG executives deserve giant bonuses—doesn’t see it that way. The bailout “wasn’t a free lunch,” Benmosche said. “The fact is we now have succeeded in getting the Fed back all of their money, and we’re just close to getting the Treasury paid back. And do you know,” he added, with a hint of indignation, “neither of them have ever said, ‘Thank you’?” 

Benmosche maintains that AIG has more than delivered on its side of the bailout bargain, said David K. Li in the New York Post. He’s also quick to point out that the government will likely make a $20 billion profit when it completes its sale of AIG stock, possibly by next year. But then this is the same CEO who made headlines in 2009, right after taking over AIG, for jetting off to a two-week vacation in Croatia—because, as Benmosche explained, “it was the first zinfandel harvest.” 

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