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IPFS News Link • Corruption

EXCLUSIVE: AIG CEO defends holiday, slams "lynch mob" attacks

08-28-2009 • Reuters

"We have the ability. I know that I am telling people we are allowed to," he said. "What I don't know is if people (employees) are willing to. A lot of them feel hurt, embarrassed, a lot of people have lived in fear because of what I call lynch mobs with pitchforks." Benmosche was referring to severe criticism of the bonuses paid to some AIG staff at the financial products unit at the center of its meltdown. The verbal assaults by politicians and in the media led to several demonstrations, including a bus tour of employee homes near the unit's Wilton, Connecticut headquarters, and threats to others.

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