AIG going on vaca after bailout

http://afk2pee.com/blog/?p=581

[INDENT] While the government works to shore up the economy, Congress is investigating how we got into this mess. Tuesday, lawmakers questioned AIG officials about spending $443,344 on an executive spa retreat at a posh Southern California resort, just a week after the company got an $85-billion bailout.

[/INDENT]Oh hey, that’s awesome.

[INDENT] Of the $434,344 spent at the resort, $147,000 was spent on banquets; $139,000 was spent on rooms; $23,000 on spa treatments; and $7,000 on golf fees.

Eyewitness News talked to people in the area.

“I want them all fired,” said Dana Point resident Paula Hunt. “It’s just a slap in the face. And I’ve been laid off, so it’s just wrong.”

“I think it’s wrong. I think we should not have bailed anybody out. I think Americans should go back to basics,” said San Juan Capistrano resident Ruth Sizemore. “And forget the plastic.”

“Well I think that’s ridiculous what’s going on with all these executives, because we’re footing the bill, no matter what they do, with all the people they’ve let go, the people that have all the money up at the top, unlike you and I, they’re the ones that are sitting pretty, and we aren’t, we’re going to have to pay that somewhere, and perhaps our children,” said Irvine resident Jim Gough. “Someone’s going to inherit all that to pay.”

Included in that weeklong retreat: a $5,000 bar tab; gratuities added up to about $3,000.

The FBI has announced that since March, the bureau has been investigating AIG’s finances.

[/INDENT]I’m so glad the taxpayers have to take the hit for companies like AIG to go on trips like this. All that money spent - it’s so great for the economy you know.

/homicidal rage off

Darsa 17 years ago
But the bailout HAD to happen, din'cha know?? Poor guys got such a shitass vacation *comfort AIG bigwigs*
Mylec 17 years ago
Wait, you mean when you bail out businesses with government money they don't learn the lessons from their mistakes? No way. Who woulda thunk it?