Replies to post #8029 on American International Group, Inc. (AIG)

[Porgie Tirebiter]

You can't fault Bob Benmosche. His tenure began 10 months after the crisis. He was appointed (against his will initially) by the Treasury Dept. to salvage something out of the Treasury's "investment". One can argue about what's right or wrong about the government's involvement with the AIG bailout, but the bailout was ancient history by the time Benmosche took the reins.

He turned a smoking crater into handsome pay-off for the U.S. Treasury. In short, Bob Benmosche bailed out the bail-out.