ABC: Less than a week after the federal government committed $85 billion to bail out AIG, executives of the giant AIG insurance company headed for a week-long retreat at a luxury resort and spa, the St. Regis Resort in Monarch Beach, California, Congressional investigators revealed today.
...AIG documents obtained by Waxman's investigators show the company paid more than $440,000 for the retreat, including nearly $200,000 for rooms, $150,000 for meals and $23,000 in spa charges.
"Less than one week after the taxpayers rescued AIG, company executives could be found wining and dining at one of the most exclusive resorts in the nation," said Waxman as he prepared to question AIG executives.
4 comments:
business as usual! aren't you glad we bailed them out? AIG is known for this stuff - first class travel, hotels, events...
Well, I haven't contributed to the US financial crisis, so where is my spa vacation? I'd settle for two days, I don't even need a week!
grrr...
I just want to smack the lot of them! What a crock!
We have 3 more D-land trips planned before the end of the month... isn't that just wrong?
Miss you guys! and yes - love the costumes - you'll be a hot nurse!
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