Robert Benmosche, American International Group president and CEO, today apologized in person to a senior Maryland congressman for his remarks comparing the uproar over AIG Financial Products bonuses to the lynching of blacks during the civil rights battles.

"I was very pleased to meet with Rep. Elijah Cummings earlier today. In our meeting, I apologized for my reference to the South and the impact that it had on him and others," Benmosche said in a statement.

Benmosche met with Cummings in his Washington congressional office, an AIG spokesman said.

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