Originally Posted By fkurucz <a href="http://money.cnn.com/2008/10/08/news/companies/aig/index.htm?postversion=2008100817" target="_blank">http://money.cnn.com/2008/10/0...08100817</a> Oh well.....
Originally Posted By Mr X Is this an emergency fund to cover their leisure activities for the month or something?
Originally Posted By SuperDry <<< Yeah, those $500,000 junkets can add up fast. >>> Do a few of them, and pretty soon you're talking real money!
Originally Posted By RoadTrip <<Yeah, those $500,000 junkets can add up fast.>> Did that include hooker expense?? If so, I could probably tolerate paying for a $50 BJ or two... but anything more than that is ridiculous!! (just kidding... ;-) )
Originally Posted By FaMulan I certainly hope that extra dough comes with stainless steel bracelets for the idiots who approved the junket to Dana Point.
Originally Posted By fkurucz <<Did that include hooker expense??>> I wouldn't be surprised if it actually did!
Originally Posted By ChurroMonster AIG messed up big time. Even if their spa retreat was justified and self-funded, the fact that the company received a government bailout means they should have been much more careful about their expenditures. Fire all top executives. Now.
Originally Posted By Fe Maiden As someone who is a licensed agent with AIG the really good news is they're selling off American General. The service structure that AIG created there was so confusing and maddening that I just stopped using them and I'm a policyholder. American General has always been well respected, their life insurance is competitively priced but just the idea of having to call them for service would bring on a migraine.
Originally Posted By mawnck >>AIG messed up big time.<< How so? They still got a big wad of money from the government after these accusations came to light. Sure they ticked a lot of us peasants, but what do they care?
Originally Posted By Mr X ***Sure they ticked a lot of us peasants, but what do they care?*** That's pretty much the size of it, right? Until and unless they *actually* pay for such behavior (either loss of money, or liberty, or both), they'll not care one bit. And they'll be perfectly happy to show up at a podium and "apologize" all anyone wants. THAT'S not punishment, it's an inconvenience.
Originally Posted By fkurucz <<Sure they ticked a lot of us peasants, but what do they care?>> Its good to be the king.