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Coitadinhos da AIG... - Carlos Costa - 08-10-2008

ArrayAIG execs hold $440K post-bailout retreat<!--sizec--><!--/sizec-->

Sean Lengell (Contact)
Tuesday, October 7, 2008



Top executives at the failed insurance giant AIG spent more than $440,000 at a company retreat days after the federal government bailed out the company with $85 billion in taxpayer funds.
American International Group (AIG) paid the exclusive St. Regis resort in Monarch Beach, Calif., more than $200,000 for rooms — some costing as much at $1,000 a night — as well as more than $150,000 in meals, according to released documents an testimony during a hearing of the House Committee on Oversight and Government Reform Tuesday on Capitol Hill.[/quote]