AIG fiddles as Wall Street burns

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07 Oct 2008, 9:54 pm

Just days after the federal government committed $85 billion of taxpayers' money to a bailout of insurance giant AIG last month, senior execs from the troubled company headed to Southern California's ultra-swanky St. Regis Resort in Monarch Beach for a week of wining and dining top salespeople.

http://www.latimes.com/business/la-fi-l ... 966.column

http://images.google.com/images?hl=en&q ... ages&gbv=2

t0
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07 Oct 2008, 10:27 pm

Thank you Barack Obama and John McCain.

Nan
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08 Oct 2008, 2:40 am

Coadunate wrote:

eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee! :evil:

patternist
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08 Oct 2008, 8:01 am

t0 wrote:

Thank you Barack Obama and John McCain.

What do Barack and John have to do with AIG wasting taxpayer money?

t0
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08 Oct 2008, 8:37 am

patternist wrote:

t0 wrote:

Thank you Barack Obama and John McCain.

What do Barack and John have to do with AIG wasting taxpayer money?

They both voted for the bailout. Neither made sure proper oversight was in place. AIG is now majority owned by the US government and the government (congress included) is doing nothing to keep them in line.

patternist
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08 Oct 2008, 8:58 am

Other representatives voted too.

Inventor
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08 Oct 2008, 9:22 am

When you make a big score you party!

pheonixiis
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08 Oct 2008, 5:40 pm

Inventor wrote:

When you make a big score you party!

Thats it, in a nutshell.

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Coadunate
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08 Oct 2008, 6:16 pm

Only one day after it was revealed that AIG had sprung for a $440,000 spa vacation shortly after getting an $84 billion government-loan bailout comes this report: The government is loaning AIG another $38 billion.

http://voices.washingtonpost.com/liveco ... id=topnews

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09 Oct 2008, 4:30 am

Don't tell me this is Enron all over again.

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barcncpt44
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09 Oct 2008, 11:09 am

I wish the government would demand that party money back with the taxpayers would bail them out.

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oscuria
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09 Oct 2008, 11:16 am

patternist wrote:

Other representatives voted too.

Others don't really matter as much.

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09 Oct 2008, 11:28 am

oscuria wrote:

patternist wrote:

Other representatives voted too.

Others don't really matter as much.

So we're going to blame the candidates for doing their job, the thing that everyone else in their position does, simply because they are in the spotlight?

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09 Oct 2008, 11:29 am

Kucinich and Paul voted against the bailout. Why couldn't we have those two running against each other for president, instead of the McCain and Obama?

/starts applying for jobs in Canada

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09 Oct 2008, 11:31 am

I love Dennis Kucinich.
But he's not on the menu.

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