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AIG CEO compares taxpayers' complaints to African-American lynchings

In an interview with the Wall Street Journal , AIG CEO Bob Benmosche said the following with regard to the public outrage over AIG paying executives $165 million in bonuses after being rescued by taxpayers during the Great Recession: "Now you have these bright young people [in the financial-products unit] who had nothing to do with [the bad bets that hurt the company.] ... They understand the derivatives very well; they understand the complexity. ... They're all scared. They [had made] good livings. They probably lived beyond their means. ... They aren't going to stay there for nothing. The uproar over bonuses '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 [decades ago]. And I think it was just as bad and just as wrong." Yes, taxpayers whom showed their vocal displeasure with executives receiving $165 million in bonuses after they were t...