Aces High Bulletin Board

General Forums => The O' Club => Topic started by: Dos Equis on October 07, 2008, 02:08:41 PM

Title: AIG heads to the spa.
Post by: Dos Equis on October 07, 2008, 02:08:41 PM

Your bailout tax dollars at work.

    After Bailout, AIG Execs Head to California Resort
    Rescued by Taxpayers, $440,000 for Retreat Including "Pedicures, Manicures"

    By BRIAN ROSS and TOM SHINE

    October 7, 2008—

    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.

    "Rooms at this resort can cost over $1,000 a night," Congressman Henry Waxman (D-CA) said this morning as his committee continued its investigation of Wall Street and its CEOs.

    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.

Title: Re: AIG heads to the spa.
Post by: Trell on October 07, 2008, 02:10:33 PM

But it is for the good of America

Title: Re: AIG heads to the spa.
Post by: BMathis on October 07, 2008, 02:11:25 PM

Makes me wanna
(http://www.ac-nancy-metz.fr/enseign/anglais/Henry/throw_up.jpg)

Title: Re: AIG heads to the spa.
Post by: Eagler on October 07, 2008, 02:33:53 PM

the gov has sold us down the river for years to come ...

the fun has just begun

Title: Re: AIG heads to the spa.
Post by: Shamus on October 07, 2008, 02:50:36 PM

I bet those guys were pretty stressed out, why would you begrudge them a bit of TLC?

shamus