End The Bailouts
Even as the company was pleading the federal government for another $40 billion dollars in loans, AIG sent top executives to a secret gathering at a luxury resort in Phoenix last week.
Reporters for abc15.com (KNXV) caught the AIG executives on hidden cameras poolside and leaving the spa at the Pointe Hilton Squaw Peak Resort, despite apparent efforts by the company to disguise its involvement.
AIG made significant efforts to disguise the conference, making sure there were no AIG logos or signs anywhere on the property,” KNXV reported.
Check out ABC News for the video and complete story.
Why not give them another $40,000,000,000? They are obviously spending it wisely.
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[...] With some companies using their bailout cash to throw executive parties and others still failing despite the money, it’s pretty brave to suggest that the taxpayer continue to fund this failing plan. If $700 billion didn’t cut it, why should we believe that a few trillion would? [...]