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AIG Execs: "We've been bailed out! Let's PARTY!"

Didn't the CEO of Lehman Bros get decked in the company gym by an employee after the company went under? These guys should take note.
 
Originally posted by: techs
Win or lose, somehow the rich always win.
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God you would think with how much we have grown our govt beyond inflation that would change.

Tis a mystery!
 
Originally posted by: polarmystery
Wow...WTF indeed!

I'd do more than punch those people if I crossed paths with them...
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And risk losing your freedom? They aren't worth it.
 
Originally posted by: winnar111
I assume they're spending their own money and not company money?
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Read the article:

AIG documents obtained by Waxman's investigators show the company paid more than $440,000 for the retreat, including nearly $200,000 for rooms, $150,000 for meals and $23,000 in spa charges.
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Originally posted by: Dari
Originally posted by: Genx87
"Their getting their pedicures and their manicures and the American people are paying for that," said Cong. Elijah Cummings (D-MD).
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Wow simply wow
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Spelling or manicures?
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Hopefully just the spelling. If he's complaining for some reason about that statement, he must remember that it was written down and posted by BRIAN ROSS and TOM SHINE. They fail at spelling.

I also liked this quote that immediately followed that one :

"This unbridled greed," said Cong. Mark Souder (R-IN), "it's an insensitivity to how people are spending our dollars."
 
Originally posted by: winnar111
I assume they're spending their own money and not company money?
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LOL.....that was a good one.

Where will your comedy tour take you next week? I'd like to hear more of this style.
 
Originally posted by: winnar111
I assume they're spending their own money and not company money?
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In a word no.

They need to thrown into the slammer, once that happens, I will believe heartbroken
and not before.
 
Originally posted by: Red Dawn
Didn't the CEO of Lehman Bros get decked in the company gym by an employee after the company went under? These guys should take note.
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St. Regis Resort in Monarch Beach, California?

I guess it wouldn't be a bad idea to stop by and let them know how we feel with our fists.
 
In my opinion it serves us right. Oversight of these companies has always been an issue. It seems that as long as they give large amounts of cash to what ever party they are supporting, no one seems to care what they do.

Like thye are the only ones wasteing money, didn't the new revised bailout plan include an additional $106 billion in pork projects like "wooden arrows"?
 
Where's LegendKiller and Evan to tell us that bailout was necessary? The economy of swank California resorts could crumble without taxpayer money!
 
Originally posted by: Grunt03

Like thye are the only ones wasteing money, didn't the new revised bailout plan include an additional $106 billion in pork projects like "wooden arrows"?
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apparently the feds rolled back a tax on wooden arrows.
 
Originally posted by: Grunt03
In my opinion it serves us right. Oversight of these companies has always been an issue. It seems that as long as they give large amounts of cash to what ever party they are supporting, no one seems to care what they do.

Like thye are the only ones wasteing money, didn't the new revised bailout plan include an additional $106 billion in pork projects like "wooden arrows"?
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It does not serve anyone right whether you agree with the bailout or not.
 
So, the company was on the brink of bankruptcy, and they failed to implement even common sense cost cutting measures.

Is there a malfeasance/misfeasance clause in any of their contracts where they could be tossed out with no bonuses/golden parachutes?

There should be a shareholder revolt.
 
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