Source: Zachary Warmbrodt / Politico
American International Group Chief Executive Robert Benmosche met with Rep. Elijah Cummings on Friday to apologize for comparing the outrage over employee bonuses paid by the bailed out insurer to lynchings that occurred in the South decades ago.
Benmosche told the Wall Street Journal in September that the uproar over bonuses handed out in March 2009 “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.”
Following the interview’s publication, Cummings, the top Democrat on the House Oversight Committee that investigated the bonuses, immediately called on Benmosche to resign.
“In our meeting, I apologized for my reference to the South and the impact that it had on him and others,” Benmosche said in a statement released on Friday.
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