Friday, October 10, 2008

Who’s flipping the bill for AIG’s executive retreat?

The Fed on Wednesday agreed to loan insurance giant AIG $37.8 billion, on top of the taxpayer-funded $85 billion bailout made last month. Souring matters is the fact that just one week after the bailout loan in September, AIG’s executives spent more than $443,000 on retreat at the St. Regis Resort.

read more | digg story

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