When my mother told me to “watch my mouth,” I would cross my eyes and literally try to watch my mouth, just to be a smart-aleck. Usually it kept me occupied enough so that I wasn't able to say anything stupid.
AIG CEO Robert Benmosche should have attempted this strategy instead of saying what he did in his recent interview with the Wall Street Journal. Instead, he got off this gem about public reaction to the ill-timed AIG bonuses that were granted after the federal government bailed the insurer out:
The uproar over bonuses “was intended to stir public anger, to get everybody out there with their pitchforks 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.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
