Friday, February 10, 2012

Did you read about AIG executives spending money on a spa after the bail out? ?

May 25, 2010 by  
Filed under company retreat

The White House said on Wednesday it was “despicable” that American International Group Inc. executives spent hundreds of thousands of dollars on a posh California retreat just days after getting a federal bailout.

Lawmakers investigating the meltdown of AIG said the retreat didn’t include anyone from the financial products division that nearly drove the company under, but they were still enraged that executives of AIG’s main U.S. life insurance subsidiary spent $440,000 on the retreat, complete with spa treatments, banquets and golf outings.

Comments

17 Responses to “Did you read about AIG executives spending money on a spa after the bail out? ?”
  1. Really Billy says:

    Good work, if you can get it, huh?

  2. Crash Fu Succulent™ says:

    I got a massage after panhandling for mortgage money, so I get it.

  3. Hero From Yesterday says:

    The government should seize their assets and take control of the company, talk about ungrateful, I would have never voted to pass that ridiculous bill in the first place…..

  4. KK88 + Grilled Cheese Sandwich says:

    So Thats where my tax dollars went!!

  5. cel's giant PISSED beaver says:

    I found $5 in the pocket of my leather coat. I was thinking about getting a spa treatment and rubbing one out due the the huge financial bail out that $5 gave me.

    Let’s go get mud baths together.

  6. Inez says:

    This makes me angry!

  7. Wonder's a Sad, Sad Cat says:

    I really, really wish I had an extra $400k so that I could be despicable, too.
    *cries*

  8. Captor of Sin says:

    You mean you’re surprised that we were scammed out of money by the corporate world/government yet again?

  9. ☻Confused_Crackfuzled☻ says:

    I was POed after hearing about that! It is so unfair, and you know that this same kind of thing is going to be happening with some of the 700 billion dollar bailout money! It is just wrong, it should be spent on bailing out the companies, not giving their people even more luxuries!

  10. Robert says:

    The hotel they went to is by my house. Nice place. I would love to stay there. They spent $7k on green fees.

  11. Freaky Needs Some Lovin says:

    Hell, I’m all for spa treatments. I’m more pissed that they didn’t come to my town. Damn Cali always stealin my bidness.

    Yeah, they suck azz. I wish I was in their position so I could suck azz right along with ‘em.

  12. I DJ Weddings says:

    Sure, but wouldn’t YOU want someplace to chill out at company expense after all the stress of receiving FREE MONEY!!???
    Ii mean, I found a dollar on the street and had to add $5 more of my own to buy Valium to calm my nerves.

  13. ☆Someone Else☆ says:

    I cant even begin to tell you how much this depresses me.

  14. mrhappysundefeatedsuperbowlchamp says:

    why should anyone be surprised by this….

  15. YAHOO GHOST says:

    ugh! some people are despicable!!!

    Don’t worry though.. it will be burning HOT where those thiefs are gonna end up…

  16. Soapy_Raindrop says:

    Waste of tax payers’s money.

  17. mading6 says:

    Yeah we are their SLAVE workers and they just lounge back all laughing at us being fed grapes, feet massaged, and fanned by another slave!

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