White House economist Austan Goolsbee is calling for a little decorum from AIG CEO Bobby Benmosche after the wine aficionado’s less than complementary remarks about the people in Washington who removed the company from death row last year. While a simple ‘don’t bite the hand that feeds’ warning probably would have been sufficient, when you refer to the folks in DC as “crazies”, a more detailed dressing down is in order.
“I don’t know what the new CEO [Robert Benmosche] is referring to when he’s saying the government people are ‘crazies,’ but I would just caution them not to be too cheeky because, the government ‑‑ the American people saved the day and they didn’t do it because they liked AIG or they thought they were really great guys who deserve hundreds of billions of dollars,” Goolsbee said in the interview, posted online today.
“I mean, they did it to prevent the economy from melting down, and I think people ought to be a little more circumspect in their pronouncements about the government,” Goolsbee said.
Your reply Mr. Benmosche? In as much detail as possible please.
yet another cunt.
*Pity comment*
The comments I made were in a “secret code” that only the Chairman of the Fed and Secy of the Treasury and I know. We use “one time” cypher pads for de-coding. So, if you had the ability to de-code the seemingly strange comments I made you would see the professionalism of my secret comments. I am , however, having trouble with our Enigma Machine in coming up with a code for “grunting you to sleep”.
~Bobby B
Goolsbee sounds like a crazy.
He doesn’t need to be more circumpect. He is circumspect, and I would know. -Lisa Weber
Greg -
Will the drivel you consider to be journalism ever stop? You are making all news journalists look bad.
Matt Drudge
Greg, don’t put candied yams on my plate and tell me they’re sweet potatoes.
-Grandma Michaels
@7 listen granny, if you wanted some candied yams, you could have just asked and i’d take ‘em off your chin already.
“Jon Stewart is irreverent, and he doesn’t necessarily take himself that seriously, but he’s also ready to poke fun at hypocrisy and stuff that’s not efficient, the government going wrong, and I totally agree with that.”
- Austan Goolsbee, PhD
Hey Robbie, go and get your shine box.
Austan.
Uh, not to put too fine a point on this but isn’t AIG a part of the US government? Doesn’t that make Benmosche a crazy?
@11
Too fine of a point? Impossible.
Cool. Real cool.
No one else wanted this ******* job. What did you expect? Put a ******* czar in charge if you want.
Not “complementary” – is that like stripes with plaids? Or is Blanus too stupid to figure out the difference between compliments and complements?
Goolsbee is a pussy. Rather than the measured response he gave, he should have called Bobby B to come outside and nut-up.
My money would be on BB.
It’s that time of the month again for Austan.
Black Box Deals, Interest rate hedge funds, and Bonds
Stop blaming Robert Benmosche’s good intentions to run a company in an honest manner.I hope whoever is looking how business was conducted in this State, and prior to his appointment, looks to return moneys to taxpayers which were used for questionable purposes, including alleged Black Box Deals, and misuse of our tax monies, which were invested in futures and hedge funds, i.e. prior to our taxes having been collected the future taxes were already slated to pay for bonds betting on interest rates going up, costing tax payers millions in bad deals. (everyone knows the interest rates went down) How did the State get authority to invest in these hedge funds, using uncollected and future taxes, betting that interest rates would be higher, and because they were not, this State paid millions in this unauthorized investment. And while the tax money disappeared in bad investments, law firms and banks, working for this State and who put these deals together made millions in fees. It is not enough to move forward and cut. Is anyone looking to bring suit against those who took our citizens down this path. And where is the majority of the bond money that was slated for one purpose only to be expended in legal fees, bank fees and insurance fees, for purposes never intended. The mystery of Black Box Deals still goes unanswered in this State. Who supervised the disbursement of money collected from tax payers which were spent on poor construction in redevelopment plans, which included the money slated for construction of our schools? How much actually was spent on redevelopment and how much went out to pay lawyers and banks. These are serious questions which need serious answers; otherwise, we will all be caught up in repeating mistakes that have put us at an 8 billion dollar deficit, which is mounting everyday. Tax payers shouldn’t bare the burden that created this financial mess. The lawyers who made these bad deals need to own up and the public needs to know where our money went. Instead of going for cuts from the little guy and raising taxes, why not go after the lawyers and banks that put this State in this financial mess. Is anyone trying to get the money back? Let’s have a Senate hearing calling in the lawyers who put these bond deals together to find out why we are in this financial mess. Its time to fight back where it matters and stop taking the cuts out on the little guy, while the investment bankers and lawyers who cut these deals walk away with our hard earned taxes and continue to put the same deals together, banking (no pun intended) on the fact that the public has no interest (no pun intended) in finding out where our money went. Tax money is being collected to help us not help lawyers and banks use their positions to gain publicly and privately in outrageous fees, that remain unaccounted for, although paid with our hard earned taxes.