08 Oct, 2008
Congratulations- your taxes just bought AIG Executives a Vacation
Posted by: James In: Economy
The 85 Billion Dollar Bailout that our taxes just bought AIG has already been put to good use. Apparently, AIG executives invested the first $440,000 of it on a week-long, luxury stay at the Saint Regis Resort in Monarch Beach.
Among the expenses the AIG executives incurred were the standard $1,000+ a night room fee, plus an additional $25,000 on leisure dining. The pedicures, facials, and spa treatments (whose individual costs are currently unknown) also somehow figure into that expense.
So, next time you win a $440,000 lottery, you’ll have some good advice on how to blow it.
