Friday, October 10, 2008
While being bailed out, AIG executives splurged.
During a testimony before Congress on Tuesday by AIG former executive, it was revealed that a week after getting bailed out by Uncle Sam to the tune of $85 billion, some AIG executives have convened for a week retreat with all expenses paid by the company in a luxurious hotel resort in Monarch Beach California. A copy of the bill obtained by Congress showed that AIG forked over more than $440,000 for the trip, paying over $200,000 for room costing as much as $1,000 per night, and over $23,000 in spa services.Those discoveries made a lot of congressmen very angry.
Yeah! They were saying to themselves, "we could have spent that kind of money on ourselves had we known."
Original story in WashingtonTimes.com
Yeah! They were saying to themselves, "we could have spent that kind of money on ourselves had we known."
Original story in WashingtonTimes.com
Labels: AIG executives splurge with taxpayers money.
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