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How AIG Spells Relief: S-P-A

Post Date: Oct 13, 2008 4:35 a.m.
Ranked website: 51text.net (Ranks #9127 of 2,815,144)

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How AIG Spells Relief: S-P-A by Claudine Zap The economic meltdown has been stressful for everyone. That need to decompress may have been the excuse that AIG execs gave themselves when, after receiving a hefty $85 billion government bailout, 70 “top performers” were rewarded with a trip to a posh California resort for a little R & R. Then ran up a tab of $440,000 — $23,000 at the spa alone. Yes, as taxpayers will undoubtedly remember, that’s our money they’re spending on mani-pedis and the mini bar. Not to worry, Congress is so on it. The Washington Post  reported that Rep. Henry Waxman kicked off a hearing on the matter saying, “We will ask whether any of this makes sense.” That’s a relief. The public may have first learned of this rather flagrant disrespecting of the U.S. rescue plan when Sen. Obama mentioned the junket during the last  presidential debate . Search on “ aig spa ” surged 82...

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