. >>> and at the top of the hour, robert benmosche will join me as co-host. stay with us. we're back on "closing bell" next. [ female announcer ] it's time for the annual shareholders meeting.

robert benmosche said also too big to fail is working.ying i got my $39 million compensation job with the bailout so bailout did save the system. dennis: i can tell but wonder if this was manufactured outrage aimed at beating up on the bankers again. jamie dimon was the one guy that criticized washington and facing seven probes offering $3 billion to cover settlement and the government says not enough. liz: you can't bring up jamie dimon. a lot of wall street workers could have taken the aig job. dennis: we got to go. we are in a hurry. the company that invented the office cubicle and the chair you may not be sitting in unless you are a company's chief. we are here with the ceo herman miller next. cheryl: watching gasoline prices moving lower across the country especially in california. sandra smith at the cme looks at some ways to go around gas prices. [ male announcer ] sheets or bar? how do you get your bobounce? bounce keeps my clothes fresh for weeks, even when they've been sitting in the drawer a long time. like those jeans you can'

robert benmosche will be co-hosting with me. lots to talk about with the always candid benmosche, we're coming up on the five-year anniversary of the financial crisis. we'll talk to him about the tapering and the next fed chairman. >> and a couple of exciting hours. and another topic mr. benmosche is sure to have good insight on, standard & poor's claim. claiming they're being retaliated against by demanding $5 million in fines by how it rated mortgages ahead of the crisis. so far, only s&p is facing those kinds of penalties even though others blew it. we have more on that. >> this is a really good story. i want to get some important legal minds' take on this, suing the federal government, and could this be the truth, that, in fact, the aaa goes away. we'll get into it. >>> let's check where we are in the marks as we see the rally continue, as you can see by the intraday chart. just shy of the high, but very close to it. 110 points on the industrials average. nasdaq composite also strong, continuing to add onto yesterday's doubl

that is what robert benmosche called it.to stir public anger and people to get out the nooses, hang man's noose and pitchforks. like what we did in the deep south. that is what robert benmosche said, and i think it is just as bad and just as wrong. elijah cummings out of maryland, top house ranking member there. sharecroppers experienced lynchings. i find it unbelievably appalling. if it is true that he said this, mr. benmosche demonstrate ad fundamental inability to lead the modern global company in responsible manner and he should resign immediately. this is lighting up social media. we're essentially seeing a fight between ceo of a company and came in after it flopped. and helped to, you know, right size it with a lot of government money. ashley: yeah. >> and a lot of layoffs. laid off 20,000 people, right. also the government bailouts didn't really help the economy. and it helped the underlying securities and derivatives aig improve in value. now the debate on the twitter feed and on social media, did mr. benmosche reall

speaking to the wall street journal, robert benmosche compared the anger over his employees receiving million dollar bonuses during the 2009 financial collapse to lynch mobs in the deep south. that stirred up a hornets nest of reaction, with congressman elijah cummings even calling for benmosche's resignation. benmosche later called his comment a poor choice of words. and it was a good day for joppa native shari bailey...who can finally reveal that she was a big winner on "wheel of fortune," to the tune of over 66 thousand dollars. the i-t specialist played the game back in july, but couldn't reveal her winnings until the show aired this evening. she, along with her friends and family held a viewing party to watch the big win. you can see wheel of fortune weeknights at 7- 30, right here on fox45. ad lib toss to vytas still ahead, new details and chilling images, as we learn more about the tragic events leading up to last week's massacre at the washington navy yard. that's when the late edition contines. and the clock is ticking on yet another self- inflicted congressional budget crisi

robert benmosche compares bonus criticism to lynch mobs this is from matt of course uses his unique way of describing the situation he says a.i.g. has a lengthy history of producing some of the biggest tools on wall street former c.e.o. morris hank greenberg was considered one of the world's preeminent unapologetic narcissists even before he sued the government for providing an insufficiently generous bailout joe cassano former chief of a i use financial products division was another first arrogantly blew off the accountants who warned him his portfolio of hundreds of billions in uncle lateralized bets might destroy the world and that secondly he appeared before congress and rated them for not giving him his money. right so the energy executives getting the bonuses and in addition to eighty five billion tax bear cash . they feel persecuted they feel persecuted similarly to the way black slaves in america were lynched raped tortured and murdered in the deep south he sees a kinship there that cracker on wall street sees a kinship with the way blacks were lynched it you know here's what i

robert benmosche compares bonus criticism to lynch mobs this is from matt tell you of course he uses his unique way of describing the situation he says a.i.g. has a lengthy history of producing some of the biggest tools on wall street former c.e.o. morris hank greenberg was considered one of the world's preeminent unapologetic narcissist even before he sued the government for providing an insufficiently generous bailout joe cassano former chief of a i use financial products division was another first arrogantly blew off the accountants who warned him his portfolio of hundreds of billions in uncle lateralized bets might destroy the world and that secondly he appeared before congress and rated them for not giving him his money. right so the energy executives getting the bonuses and in addition to eighty five billion tax bear cash . they feel persecuted they feel persecuted similarly to the way black slaves in america were lynched raped tortured and murdered in the deep south he sees a kinship there that cracker on wall street sees a kinship with the way blacks were lynched it you know

robert benmosche compares bonus criticism to lynch mobs this is from matt tell you mean of course he uses his.

robert benmosche compares.

robert benmosche compares bonus criticism to lynch mobs this is from matt of course who uses his unique way of describing the situation he says a.i.g. has a lengthy history of producing some of the biggest tools on wall street former c.e.o. morris hank greenberg was considered one of the world's preeminent unapologetic narcissist even before he sued the government for providing an insufficiently generous bailout joe cassano former chief of a i use financial products division was another first arrogantly blew off the accountants who warned him his portfolio of hundreds of billions of uncle lateralized bets might destroy the world and that secondly he appeared.

at the top of the hour, aig ceo robert benmosche.eople are looking for more low, and no calorie options. that's why on vending machines, we're making it easy for people to know how many calories are in their favorite beverages, before they choose. and we're offering more low calorie options, including over 70 in our innovative coca-cola free-style dispensers. working with our beverage industry and restaurant partners, we're helping provide choices that make sense for everyone. because when people come together, good things happen. man: sometimes it's like we're still in college. but with a mortgage. and the furniture's a lot nicer. and suddenly, the most important person in my life is someone i haven't even met yet. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. as you plan your next step, we'll help you get there. >>> some interesting rotation mixed moves. gave the dow a boost while apple put pressure on the nasdaq. it was weird that nasdaq was down, the do

did the current management, robert benmosche, did they think about joining lawsuit or perfunctory thingon. >> i think it was perfunctory. >> they never really considered it. >> i don't think they did. they said the board did but i don't believe of that. >> have you had any contact with them since? >> we attended a meeting where they voted to join the lawsuit or not but i think the decision was made ahead of time. in addition, i want to go back, after the lending of the $85 billion at 14.5% -- >> right. >> -- paulson gets on tv the next morning and says we'll liquidate aig. >> right. >> think about that, liquidating the company size of aig, the largest insurance company in history? >> it would be chaos. >> yeah. >> what do you think about his performance during the financial crisis, hank paulson? he was on another show yesterday. i didn't find him terribly compelling there was a three guests, maria bartiromo and barney frank. neither seemed to make much sense. hank paulson suggested one of the problems with the bailout, he didn't explain it well to the public. the public never accepted t