Tuesday, October 7, 2008

AIG Bailout.... Ah let's party!

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.

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