After bailout, AIG execs buy themselves a retreat worth more than $400,000
ulti...@gmail.com
http://consumerist.com/5060290/after-the-bailout-aig-bought-themselves-a-440000-retreat-at-a-california-resort
Now that AIG has been nationalized, some folks are wondering just how
their tax dollars are being spent. If you're among them, we have some
bad news for you from ABC. They are reporting that papers uncovered by
congressional investigators show that "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." Ouch.
ABC says that the documents show that the company, yes the company,
paid more than $400,000 for a week long retreat at the resort. The
bill included $200,000 for rooms, $150,000 for meals and $23,000 in
spa charges.
Meanwhile near the same fucking area this resort is in
http://www.nytimes.com/2007/11/28/opinion/28wed2.html?_r=1&oref=slogin
A Loss for Privacy Rights
Published: November 28, 2007
The Constitution protects individuals against unreasonable searches,
but for this protection to have practical meaning, the courts must
enforce it. This week, the Supreme Court let stand a disturbing ruling
out of California that allows law enforcement to barge into people’s
homes without a warrant. The case has not prompted much outrage,
perhaps because the people whose privacy is being invaded are welfare
recipients, but it is a serious setback for the privacy rights of all
Americans.
itsjoan...@webtv.net
> Heads must roll. Screw that 8= GIVE US THEIR BONES!!!!! =8
>
> Now that AIG has been nationalized, some folks are wondering just how
> their tax dollars are being spent. If you're among them, we have some
> bad news for you from ABC. They are reporting that papers uncovered by
> congressional investigators show that "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." Ouch.
>
> ABC says that the documents show that the company, yes the company,
> paid more than $400,000 for a week long retreat at the resort. The
> bill included $200,000 for rooms, $150,000 for meals and $23,000 in
> spa charges.
>
> Meanwhile near the same fucking area this resort is in
>
> http://www.nytimes.com/2007/11/28/opinion/28wed2.html?_r=1&oref=slogin
>
> A Loss for Privacy Rights
>
> Published: November 28, 2007
>
> The Constitution protects individuals against unreasonable searches,
> but for this protection to have practical meaning, the courts must
> enforce it. This week, the Supreme Court let stand a disturbing ruling
> out of California that allows law enforcement to barge into people’s
> homes without a warrant. The case has not prompted much outrage,
> perhaps because the people whose privacy is being invaded are welfare
> recipients, but it is a serious setback for the privacy rights of all
> Americans.
Another idiot posting crap they have no knowledge of.
This 'retreat' was planned last year and it was not a retreat. Top
insurance sellers in this and other companies are given perks
(prerequisite aka reward for a job well done). Whether it's a trip or
a car or jewelry, all companies do this for their top sellers.
Another tidbit of information, there were only 10 (ten) employees from
AIG present at this retreat that you and everyone else is blowing out
of proportion. But of course everything you read in the newspaper or
on the internet through a news service is the gospel truth, we all
know that.
Crash
and should have been cancelled with extreme prejudice...
> insurance sellers in this and other companies are given perks
> (prerequisite aka reward for a job well done).
the only commentary on the 'job' these a$$holes did is that you and I
now owe $85 billion...
WTF dude! -- You apparently can't get saddled up and ridden around the
coffee table enough!
jay
Let AIG know your thoughts via "Contact AIG" web page:
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Vic Smith
Either that, or he's doing the riding.
--Vic