aig goes on vacation

After The Bailout AIG Bought Themselves A $440,000 "Retreat" At A California Resort

After The Bailout AIG Bought Themselves A $440,000 "Retreat" At A California Resort

Now that AIG has been nationalized, some folks are wondering just how their tax dollars are being spent. If you’re among them, we have some bad news for you from ABC. They are reporting that papers uncovered by congressional investigators show that “less than a week after the federal government committed $85 billion to bail out AIG, executives of the giant AIG insurance company headed for a week-long retreat at a luxury resort and spa, the St. Regis Resort in Monarch Beach, California.” Ouch.