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October 08, 2008

AIG gets bailed out and then tightens the belt...

...Tightens the belt around our necks, that is.

AIG was so dangerously insolvent that they required a government bailout to the tune of $85 Billion dollars. And they got it. So how do they celebrate? Oh, how about a $440,000 retreat for its top executives? On our dime of course. I really truly think that should somehow be criminal. These people are completely willing to run a company into the ground because they still get their millions regardless.

And people wonder why normal civilians are suspicious of the bailout.

Posted by jason on October 8, 2008 04:34 PM

Comments

But they really needed that retreat. To discuss how to be fiscally responsible in the future. Yeah, that's it.

Posted by: peaj on October 8, 2008 07:12 PM

terrible, just terrible!

Posted by: jonathan Latshaw on October 8, 2008 09:29 PM

that's just gross.

Oh, and do you have any idea what pork barrel spending is? It's all over the debates and nobody can tell me!!! The cast talks about it as much as possible, though--in probably not the most appropriate ways!

I bet those AIG guys do some awful pork barrel spending. I bet that's ALL they did on that retreat.

Posted by: jessica on October 8, 2008 11:33 PM

Don't get me started!.......This is the stuff that really upsets me.

Posted by: Mom on October 10, 2008 07:31 AM

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