Interesting to see some business-trip expense accounts are still riding high while the rest of us are scrambling.
It seems that executives of AIG, the big fat insurance company we all bailed out recently to the tune of $85 billion, had themselves a swell executive retreat — right after the bailout — at a super-expensive Southern California oceanfront resort, the St. Regis Monarch Beach.
Here’s the $443,343.71 hotel bill, by way of a Huffington Post link today to the House Oversight Committee’s Web site report on hearings into the bailout.
Rooms at the St. Regis Monarch Beach run from $565 to over $1,300 a night, by the way.
Hey, it’s just dough, and it’s expense-accountable, right? And that $23,000 the high-fiving AIG swells spent on hotel spas during their week of resort R&R after the taxpayers bailed them out? Hell, they’d just been through a very stressful time, friends.
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October 8th, 2008 at 10:39 am
[...] hearings of the Committee on Oversight and Government Reform which were publicized by the blog of Joe Sharkey and The Huffington [...]