Thursday, October 09, 2008
AIG didn't learned the lesson: Continuing they trail of Leasure.
After the federal government approved the third greatest robbery of taxpayers in American history, AIG executives treated themselves to a $440,000 get-a-way at the prestigious St. Regis Resort in Monarch Beach, California. All this while thousands of families continue to lose their homes and unemployment has creeped slightly above 6 percent. USA Today reported the following: Let me describe some of the -- the charges that -- that the shareholders who are now U.S. taxpayers had to pay. Check this out. AIG spent $200,000 for hotel rooms, and almost $150,000 for catered banquets. AIG spent -- listen to this one -- $23,000 at the hotel spa and another $1,400 at the salon. They were getting their manicures, their facials, their pedicures and their massages while the American people were -- were footing the bill. And they spent another $10,000 for -- I don't know what this is -- leisure dining or Living la Vida Loca......Source: Here