"Rep. Elijah Cummings (D-MD), the ranking Democrat on the House Committee on Oversight and Government Reform, released a statement Tuesday afternoon calling for Benmosche to resign from AIG, saying, “As the leading critic of AIG’s lavish spending before and after its taxpayer funded bailout—and as the son of sharecroppers who actually experienced lynchings in their communities—I find it unbelievably appalling that Mr. Benmosche equates the violent repression of the African American people with congressional efforts to prevent the waste of taxpayer dollars. If these statements are true, I believe he has demonstrated a fundamental inability to lead this modern global company in a responsible manner—a company that exists today only because it was rescued by the American taxpayers—and that he should resign his position as CEO immediately.”
Posted on: Wed, 25 Sep 2013 04:39:30 +0000
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