Tuesday, October 07, 2008

AIG's Post-Bailout Business Trip Bash

Interesting to see some business-trip expense accounts are still riding high while the rest of us are scrambling.

It seems that executives of AIG, the big fat insurance company we all bailed out recently to the tune of $85 billion, had themselves a swell executive retreat -- right after the bailout -- at a super-expensive Southern California oceanfront resort, the St. Regis Monarch Beach.

Here's the $443,343.71 hotel bill, by way of a Huffington Post link today to the House Oversight Committee's Web site report on hearings into the bailout.

Rooms at the St. Regis Monarch Beach run from $565 to over $1,300 a night, by the way.

Hey, it's just dough, and it's all expense-accountable, right? And that $23,000 the high-flying AIG executives spent on hotel spas? Hell, they'd just been through a very stressful time, friends.


No comments: