According to ABC and the Washington Post, less than a week after we (the taxpayers, that is) bailed out the AIG Insurance company, a number of the executives of this company went for a week-long retreat at the St. Regis Resort in Monaco Beach, CA. The tab fo this soriee?
$440,000, according to reports.
As much as $23,000 for SPA fees alone.
And to think what Wall Street and the Treasury can do with $700 billion.