AIG parties on the taxpayer tab
Days after it got a federal bailout, American International Group Inc. spent $440,000 on a posh California retreat for its executives, complete with spa treatments, banquets and golf outings, according to lawmakers investigating the company's meltdown.
AIG sent its executives to the coastal St. Regis resort south of Los Angeles, California, even as the company tapped into an $85 billion loan from the government it needed to stave off bankruptcy.
The resort tab included $23,380 worth of spa treatments for AIG employees, according to invoices the resort turned over to the House Oversight and Government Reform Committee.
I'm guessing that the majority of American citizens aren't the slightest bit surprised. You just took our tax money to bail out these creeps - against our will - and you express surprise that they behave in exactly the same fashion that they've always behaved?
Labels: AIG, Congress, government bailout, Wall Street
0 Comments:
Post a Comment
<< Home