Thursday, October 23, 2008

What the government "bail out" of AIG paid for

My friend, Denise (Hi, Denise), showed me this article last night. You people are going to love this. This just proves that these people have not conscience what-so-ever.

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.

"Their getting their pedicures and their manicures and the American people are paying for that," said Cong. Elijah Cummings (D-MD).

"This unbridled greed," said Cong. Mark Souder (R-IN), "it's an insensitivity to how people are spending our dollars."...

I like what the first commentor said: "One needs a massage after looting and pillaging.
Sadly, there is no sarc tag to be put here. Hang em high!"

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