• 11 Nov 2009 at 2:12 PM

Who Should Take Over For Benmosche?

By Bess Levin

Update: Fuck the below and headline above: CNBC reports that Bob has sent a memo to employees promising he’ll never leave them.
__________________________________________________
Obviously it goes without saying that we sincerely hope Bobby B’s threat to walk out of AIG and never come back was just that. Hopefully the board will coax him down from the ledge and Ken Feinberg, understanding that no one else has the panache to get the job, will lift these silly compensation restrictions, and give ‘Mosche the room to work. We need Bobby AIG if only so that he can taunt Andrew Cuomo into a fistfight, and tell us how he really feels about the “crazies in Washington.” Yes, he could do all this from one of his finely appointed bathrooms in Croatia, but a slightly loftier perch would be nice. But: it’s possible he might actually have been serious when he said he’s “had enough of this” and so we must prepare ourselves. Deal Journal reports that the following AIG board members are possibilities:
- Douglas Steenland, the former Northwest Airlines Corp. chief executive
- Robert “Steve” Miller, the former CEO of Delphi Corp,
- Arthur Martinez, the former CEO of Sears, Roebuck & Co.
- Harvey Golub, the former CEO of American Express Co.
But they might not care for the gig. So, let’s add a few more names to the short list. Ken Lewis will need work soon but I think they stopped letting AIG employees booze on the job a few months ago. Hank Greenberg? I’m thinking he’d love that and it would spare him the effort of making AIG: The Sequel. Who else?
AIG’s Benmosche Is A Drama Queen [The Deal]

Comments (39)

  1. 1
    Posted by guest | November 11, 2009 at 2:21 PM

    Stan?

  2. 2
    Posted by guest | November 11, 2009 at 2:23 PM

    Bob Nardelli. After destroying Home Depot and manning the helm of the sinking ship known as Chrysler, maybe the third time is the charm. He could hardly do worse at AIG.

  3. 3
    Posted by guest | November 11, 2009 at 2:26 PM

    Ralph and Matt, co-CEOs.
    BOOM. Done.

  4. 4
    Posted by guest | November 11, 2009 at 2:29 PM

    Gentry Beach

  5. 5
    Posted by guest | November 11, 2009 at 2:30 PM

    @2 has it – but he should split his time 50/50 w/ BAC.

  6. 6
    Posted by guest | November 11, 2009 at 2:30 PM

    “- Douglas Steenland, the former Northwest Airlines Corp. chief executive
    - Robert “Steve” Miller, the former CEO of Delphi Corp[.]”
    Excellent track record for both…

  7. 7
    Posted by guest | November 11, 2009 at 2:34 PM

    David Einhorn….would certainly take care of that pesky CDS issue

  8. 8
    Posted by guest | November 11, 2009 at 2:36 PM

    The 2 Northwest Pilots that fell asleep aka watching porn on their laptop while on auto-pilot

  9. 9
    Posted by Shia LaBeouf | November 11, 2009 at 2:36 PM

    Oliver Stone

  10. 10
    Posted by guest | November 11, 2009 at 2:38 PM

    @5 you’re good.

  11. 11
    Posted by Andrew Ross Sorkin | November 11, 2009 at 2:38 PM

    I’d be an excellent fit. After all, I am the most connected man on Wall St.

  12. 12
    Posted by guest | November 11, 2009 at 2:39 PM

    John Thain, of course!
    And Mack is due to screw up yet another company…..this one is pre-screwed so his job will be easier than usual….

  13. 13
    Posted by guest | November 11, 2009 at 2:39 PM

    John Thain, of course!
    And Mack is due to screw up yet another company…..this one is pre-screwed so his job will be easier than usual….

  14. 14
    Posted by guest | November 11, 2009 at 2:39 PM

    Chainsaw Al

  15. 15
    Posted by mrpink | November 11, 2009 at 2:40 PM

    Jimmy Cayne. AIG doesn’t require hands on management. Win-Win all around, Cayne gets to smoke, AIG gets to continue burning.
    -mrp

  16. 16
    Posted by guest | November 11, 2009 at 2:40 PM

    Mr. Nomura

  17. 17
    Posted by NakedShort | November 11, 2009 at 2:41 PM

    Abe Froeman The Sausage King of Chicago

  18. 18
    Posted by guest | November 11, 2009 at 2:42 PM

    Snowball

  19. 19
    Posted by guest | November 11, 2009 at 2:42 PM

    Bobby is my 2nd-fave CEO right after Jamie, but for slightly different reasons, and this latest stunt just confirms it.

  20. 20
    Posted by Man On the 4 Train | November 11, 2009 at 2:42 PM

    Things have not been the same since you lost your pay in the Feinberg accident. After the accident I was so relieved that you were in Croatia, and I promised myself I would not let your lack of pay interfere with our relationship. But it has, and for that I am sorry. But to be honest, I don’t think it’s all my fault. You seem to have lost all your joy in life. You’re not the CEO I fell in love with. Our walks in the park just aren’t the same. I point to the sunset and you just lumber forward, oblivious. There has to be some give and take in a relationship. I feel like I give and give and give, and you take and take and take. And the horrible thing is: I don’t even know if you notice. So that is why I am leaving you. I am sorry.

  21. 21
    Posted by mrpink | November 11, 2009 at 2:44 PM

    @18… I think the dog’s name was Snowflake… But you got me thinking.. Who was that Lehman dog? Bella?
    Bella for CEO!
    -mrp

  22. 22
    Posted by guest | November 11, 2009 at 2:47 PM

    Mr. P,
    Bella’s dead, baby.
    -Butch Coolidge

  23. 23
    Posted by Tax Chick | November 11, 2009 at 2:49 PM

    Paul Joegriner

  24. 24
    Posted by guest | November 11, 2009 at 2:51 PM

    Bud Fox – CEO of Bluestar Airlines

  25. 25
    Posted by guest | November 11, 2009 at 2:52 PM

    The shemp that sits on the NY FI desk as Goldmans.

  26. 26
    Posted by Anal_yst | November 11, 2009 at 2:56 PM

    Hmmm, as @6 pointed out, the options are 1. Guy whose firm/industry was perennially bankrupt, at least he has experience with gov’t subsidies/bailouts…2. Well, same…3. yes, department stores, excellent business model, very dynamic management…4. same as #1-2.

  27. 27
    Posted by guest | November 11, 2009 at 2:58 PM

    Clearly God hates AIG and BAC. If he didn’t he would send someone down from the heavens to do his work there.
    Lloyd

  28. 28
    Posted by mrpink | November 11, 2009 at 2:59 PM

    @22-
    Oh damn. Alright, I need to keep up. My bad. Snowflake it is.
    -mrp

  29. 29
    Posted by Tax Chick | November 11, 2009 at 3:02 PM

    @22 & mrp – So is AIG, so does it matter?

  30. 30
    Posted by guest | November 11, 2009 at 3:04 PM

    Fox Business has the memo in hand, says “I’m proud to work with AIG” or some such

  31. 31
    Posted by guest | November 11, 2009 at 3:06 PM

    Tracy Morgan

  32. 32
    Posted by guest | November 11, 2009 at 3:06 PM

    @28. Totally. I have it on good word from Maria that it’s Snowball, not Snowflake. Snowflake? Really? A former Fortune 500 CEO naming his dog, Snowflake? How ridiculous. What were you thinking?
    http://www.businessweek.com/magazine/content/05_47/b3960155.htm
    IDEAS — FACE TIME WITH MARIA BARTIROMO
    By Maria Bartiromo
    Hank Greenberg Opens Up

  33. 33
    Posted by guest | November 11, 2009 at 3:07 PM

    29,
    No one puts Bella in the corner! No one!
    -Dog Whisperer/BarCap Apologist

  34. 34
    Posted by guest | November 11, 2009 at 3:11 PM

    How about we save the $7mill and have no replacement. What does the guy do, anyway, holiday on the Adriatic and make preposterous statements?

  35. 35
    Posted by guest | November 11, 2009 at 4:27 PM

    Benmosche is like the Brett Favre of personal employment decisions.

  36. 36
    Posted by guest | November 11, 2009 at 5:41 PM

    @35 Bill Simmons?

  37. 37
    Posted by HeadlessHorseman | November 11, 2009 at 6:07 PM

    Jacques Nasser?

  38. 38
    Posted by mrpink | November 11, 2009 at 6:17 PM

    Snowflake/Snowball/Hairball/Roach Clip
    My bad.
    -mr[

  39. 39
    Posted by mrpink | November 11, 2009 at 6:18 PM

    Snowflake/Snowball/Hairball/Roach Clip
    My bad.
    -mrp

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