Lawmakers steamed over ritzy AIG retreat after bailout

[Davagator]

 WASHINGTON (AP) -- 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.

AIG sent its executives to the coastal St. Regis resort south of Los Angeles, California, even as the company tapped into an $85 billion loan from the government it needed to stave off bankruptcy.

The resort tab included $23,380 worth of spa treatments for AIG employees, according to invoices the resort turned over to the House Oversight and Government Reform Committee.

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   ARE YOU KIDDING ME?!?!

[Camillusk]

What the hell.

[blueyes]

Something should be done about this!

[Davagator]

For $23,380 I could pay off my car loan and credit card debt.

[blueyes]

Maybe they bailed out the wrong people.

[Davagator]

   I think they did!

[blueyes]

American International Group Inc didn`t deserve it.
I wonder if the government will actually do something about this travesty?

Rep. Henry Waxman, D-California, scolded the company during a lengthy opening statement at a hearing Tuesday.

Oooooh they got scolded. 

[Davagator]

They should be locked up in jail for FRAUD

[blueyes]

I agree!

[Camillusk]

They should all be sacked and cliffed. 

[blueyes]

They just got more bailout money... I heard it on the news earlier tonight.

[Tuberavens]

the rich get richer and the poor get poorer

when will the human race realize that we are all the same ?

[Camillusk]

Unfortunately never. There will always be competition over the simplest matters. 

[Windmill]

or when society collaspes upon itself and martial law is issued

hope it never happens