08 Oct 2008
AIG's post-bailout spa trip angers lawmakers

To phrase it politely, methinks these boys have a PR problem ... does anybody still seriously think that handing these bozos an $85B check to bail their sorry asses out was a good idea?

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.

(link) [CNN.com]

07:05 /Politics | 0 comments | permanent link