AIG Exec Aplogizes For Comparing Outrage Over Bonuses To Lynchings In The South

AP

The head of American International Group apologized Tuesday for his “poor choice of words” in comparing public outrage over excessive bonuses following the 2008 recession to lynchings that occurred in the Deep South a half a century ago.

“It was a poor choice of words. I never meant to offend anyone by it,” CEO Robert Benmosche said in a statement obtained by Reuters.

Benmosche, whose company received an extensive public bailout, told the Wall Street Journal in an interview published Monday that outrage in Washington was intended to “get everybody out there with their pitch forks and their hangman nooses” and that it was “just as bad and just as wrong” as lynchings in the South.

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Igor Bobic is the assistant editor of Talking Points Memo, helping oversee the site's coverage of politics and policy in Washington. While originally from Bosnia and Herzegovina, Igor feels best at home on the beaches of Southern California. He can be reached at igor@talkingpointsmemo.com.
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