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AIG spends $343,000 for Arizona retreat as thousands lose their jobs
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Does this stand for Asinine Irresponsible Group?
If just one more dollar is given to AIG from taxpayer money, it will be $1 too much!
If you click on this link to better understand my angst, I suggest that you do so on an empty stomach as otherwise you may make a mess all over your computer!
If sponsors were really able to pick up the tab for this plush resort conference, why can't these "sponsors" help contribute to the company's financial rebuilding? If a "conference" was so necessary, there are great conference centers in Newark, N.J., just a short distance from their New York headquarters, which are far less expensive than any spa and resort in Arizona!
In this writer's opinion-
- ALL "C" level executives and senior staff of AIG should be fired - immediately, plus, they should receive NO severance packages!
- Before ANY more taxpayer money is even considered to be given to AIG, forensic accountants from the Treasury Department and the Federal Reserve should be assigned to the Executive Suite at AIG to monitor EVERY dollar spent by the company!
Congress acted quickly, and in some people's opinion, too quickly on bailout packages for firms like AIG. Congress owes us accountability for the money we, our kids and grandkids will be paying back to bail out irresponsible firms like AIG.
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