that is like benmosche saying you need to be thankful. that is not the message taxpayers want to hear. >> i think he deserves to thank you i do think there is a difference. he did not run the company. now to say that the "inc." magazine came to him why is everybody thanking me? >> >> look being at citi group group, a big changes for that company. they're going through their troubles. nobody may have gone to jail but we see the fallout. >> to see a lot of leadership change, a.g. needed a strong personality. pushing back attempts to politicize. you have to have somebody who is arrogant practice if they rollover everytime washington says do this are to that. gerri: fannie and freddie are the institutions we ears still on the hook for billions. will we ever get it back? >> we there get rid of them more brcs stock -- o.r. we are stock. [laughter] i am happy with the their option. gerri: thank you for coming. i will be joined by neil cavuto live in about 15 minutes. he made headlines saying how obamacare will impact him, his business and patien

we now have the bite with robert benmosche. let's listen in what he has to say about citigroup. >> don't know actually what happened. so i'm as surprised as anybody else. >> can you give us some comment about mr. pandit? did you know him very well? >> i've known vikram. vikram came in at a very difficult time as his team did in the crisis and happy to work through it and got to a point of stability. this may be a sign that he wants to move on and maybe a sign they are ready for the next era of leadership, i don't know. >> i think what everybody is surprised about it happened so suddenly. it was a terrific earnings report. the stock reacted well. then the resignation today. maybe the board meeting was right after that. i want seems a little sudden and we're trying to figure out why it happened. >> to me everything i see as a client of citibank. they have been terrific for aig. they have been with us all the way through this crisis. they have been a fabulous bank. from everything i see, i can't give you any indication. maybe this

robert benmosche really knows how to push people's buttons in fact short while ago he suggested that countries in the euro zone up there were tire of an age to save the economy. people at sixty to sixty five years old it's not retirement age anymore we're living longer which means retirement ages have moved to seventy to eighty years old. ok well that's the least inflammatory thing he has said recently because in a recent new york magazine article a key seemed a bit hurt that he hasn't been thanked by the u.s. government after it was bailed out to the tune of one hundred eighty two billion dollars he said the fact is we've now succeeded in getting the fed all of their money and we're just close to getting that treasury paid back and you know neither of them have ever said thank you dimitri how about a big huge opposite of thank you for not exhibiting what capitalism is supposed to be i mean i'm sorry you get away with like totally you know being a winner even though you're a loser and you want to thank you because you get to cut the line in front of everybody else and succeed there's

benmosche and what he's doing. carolyn in florida. carolyn? >> caller: hi, this is carolyn from sunny miami beach. >> stayed at the "w" last time. too swank for me. the guy next door to me didn't go to bed until 3:30 a.m. that's when i get up! go ahead. >> caller: i'd like to know, i really love sea drill. >> sea drill? gun slinger, are you? >> caller: i think it's great. what do you think now that we have a new ceo? and why is this stock doing so great as far as dividends at 11%? >> the group's very, very under pressure right now. stephanie link, you see her a lot of times on the shows, we were just saying, these drillers, i can't take it. i'm not going to ib flikt a driller on you right now. although if you wanted to own one, you should be in schlumberger. you can't start a fire without a spark. liberty, justice and higher stock prices for all. if i were running, you'd have my eight-point plan. if only the candidates would adopt maybe one of them? "mad money" will be right back. >>> coming up, defining moment? this skyrocketing 200% today af

benmosche took over aig in 2009 from hank greenburg.street companies the government swooped in to rescue during the height of the article. benmosche says of his company, we have done all the right things. somebody should say, by golly, those aig people made a promise and they are living up to a promise. we're left with a major part of the economy in america. they're going to make a profit on top of everything else they've got. god bless america, god bless aig, and god bless tiny tim. there it looks like he's referring to tim geithner, treasury secretary. but about the profit, what he's referring to, carol, is the fact that the new york fed made an $18 billion profit in its stake. the other part of the bailout, that came from the treasury, and it still owns some aig shares and the treasury department is losing less than expected as it sells that stock. and you look at aig shares, they've gained more than 50% this year. carol? >> well, yippy. isn't this the same guy who took off for croatia just after taking over a sinking aig because it

benmosche came out of retirement for this.hink he wants a thank you for the turnaround and stability he's brought back to the company rather than the fact he's paid back taxpayers for something they didn't largely want to do. i agree the rhetoric is a little bit rich. if you look at it in a broader context, he has done a lot for the company and for investment community. >> tyler, in my view, aig is still a permanent stain on the market. no, thank you, to him at all. >> who deserves to thank whom. >>> we'll come back and talk a little bit more -- remember greg smith? the former goldman sachs banker who wrote the fiery op-ed on the bank back in march? there he is. he made muppets very popular even before mitt romney and big bird and all that. he is out selling his book and he is topic two in the rundown when we come back. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't rea

benmosche will talk next. ashley: and the dow is up 113 points. we will be back. lori: consumer prices lot -- rose last month but inflation remained in check. what does this mean heading into the holiday spending season? i was just talking to ax the mark but i did not have time to ask about the cpi number. we are okay on inflation negative energy. >> right. we had three straight months course cpi increased only 1% up 2 percent over the past year. that is what the fed is looking for. there are no pricing pressures in the supply chain. i would expect it to remain moderate. lori: so i can spend as much as i can spend for the shopping season? >> we expect modest gains. income growth is soft. we are adding jobs that wage growth this week. it is definitely the case with modest price gains and given that i expect consumers to spend a little more. lori: the number released yesterday was some encouraging it is a sign the economy may be gaining momentum. what does it mean? where does the economy go from here? >> we did add of good retail sales numbers. but areas related to