Comments on: Robert Benmosche, frustrated civil servant

By: Tom Boston

Tom Boston — Thu, 12 Nov 2009 16:41:17 +0000

Middle class U.S. Workers have not had a cost of living raise, let alone a decent merit raise, in over 2 decades. The average merit raise has been 2.5-3.5%. Their salaries have shrunk, slowly and regularly. Workers are forced into foreclosure and moving down, not able to have children, and holding at least one job per adult, usually another part-time, hourly job to survive. The workers are not taking more than 2 weeks vacation, and cannot afford to travel across the U.S., let alone to Croatia.
Wall Street executives and financial gamblers are thieves. They are supported by politicians and lawyers who contrive the U.S. legal system to allow their thievery unregulated and unmonitored.
The time has come for that to stop. The public and workers have to speak up loudly now.
This man’s audacity and greed is alarming. How long ago had AIG milked the U.S. taxpayer for billions in bailouts. there should be no raises, no hidden offshore compensation, no merit increase, only taxable salary on the books for these crooks.
It sounds harsh, but the middle class is living an economic war with finance, banking, oil, pharmacy, insurance executives…the big corporate players. No one should be able to take from the U.S. citizen, and then cry about their millions of dollar salaries.
I am disgusted to read this article, and hope the citizens revolt through their elected officials, and buying power, against the crimes of economics being waged in our country.

By: Lilguy

Lilguy — Thu, 12 Nov 2009 02:24:21 +0000

The answer: Put them ALL on civil servant salaries and benefits. If they don’t like it, they can find another job.

By: Bob

Bob — Thu, 12 Nov 2009 00:35:08 +0000

With all the salary caps, it sounds like the AIG executives might have to try Walmart.

By: Tony

Tony — Wed, 11 Nov 2009 19:43:44 +0000

I say let him quit. The financial world will be a better place without him. He made his millions on the backs of hard working employees. That was his story since he was at PaineWebber back in the 80s and 90s.

By: williambanzai7

williambanzai7 — Wed, 11 Nov 2009 15:20:29 +0000

Board of Directors
American International Group

Dear Sir or Madam:

It is with reluctance that I’m submitting this letter.

Although my three months with (AIG) has been, on the whole, satisfying and productive for me, for quite a while now I have become less and less satisfied with the work situation.

As you know, the question of the amount of my vacation or should I say Croation, time has never been fully resolved to my satisfaction. As you know, I work much more efficiently in my Croatian Villa which is equipped with enough toilets to service me every time the sh!t hits the AIG fan.

I was also deeply disappointed that the Board would not agree to allow me to use the company jet to fly to Croatia every weekend.

Moreover, my $10,000,000 compensation package is hardly adequate for the stress associated with this job.

Last week, I learned from Mr. Feinberg that AIG is actually 80% owned by the US government. If I had known this previously I would never have signed up for the job.

As you know, like Lloyd Blankfart I am also committed to doing God’s work. The Lord works in mysterious ways and I believe I can serve him more lucratively at another firm.

Therefore, it is with regret that I ask you to accept this as my resignation from (AIG) effective immediately.

In the Name of the Father, the Son and the Holy Ghost,

Robert Beanmush

cc:

Barack Obama
Ben Bernanke
Timmy Geithner
Lloyd Blankfart

By: tc

tc — Wed, 11 Nov 2009 15:15:46 +0000

There you go being rational again. I’ll bet the other side of that guess and say they will decide they need to pay *more*. This is the Obama administration after all. The lesson they learn from the failure of preemptive concessions in their negotiations with republicans specifically, and the rich and powerful in general, is that they haven’t conceded enough or fast enough.

By: Lgg

Lgg — Wed, 11 Nov 2009 15:12:24 +0000

The links to the stories don’t seem to be working…