AIG CEO says bonuses backlash is the same as racist lynching, is the worst

Yeah, totally not the same thing.

The quote from AIG CEO Robert Benmosche:

He told The Wall Street Journal that the outcry over AIG’s 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.”

“It is a shame we put them through that,” he added, referring to those poor employees who got huge bonuses.

…and commentary from the author of the post:

Actually, this analogy is so off base it’s much more than just a poor choice of words. It’s an example of how out of touch with reality someone with way too much economic privilege can be. Benmosche sees himself and other people who got rich off destroying the economy and then got away with it as victims. They see people they robbed blind who protested as a lynch mob. And they’ve gotten away with creating a world where they’re so insulated from the rest of reality by extraordinary income inequality that they can keep seeing the world through this magical, racist lens.


Image source and article:

(See the quote in context here:


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