The Smoking Gun has an actual invoice of AIG executives junket

[No Passaran]

http://www.thesmokinggun.com/archive/years/2008/1007083aig1.html

OCTOBER 7--Days after federal officials agreed to an $85 billion bailout of American International Group, the insurance firm spent more than $440,000 for a corporate retreat at a swanky California resort. An invoice from the week-long getaway, a copy of which you'll find below, was obtained by the congressional panel that has been holding hearings this week about Wall Street collapses and executive excess. The late-September AIG gathering at the St. Regis Resort in Monarch Beach cost $443,343, according to the invoice. The six-figure sum covered hotel rooms, banquets, golf fees, and spa services at the resort south of Los Angeles. However, company funds apparently were not spent on exploding cakes or urinating ice statues.

[Liberal In Texas]

1. What this does not tell is how many people/how many rooms

did this week involve. Which makes it pretty meaningless.

Companies do this all the time. All one can really question is the wisdom of having a retreat when the company has hit an iceberg and down at the bow.

[Xenotime]

2. Un-fucking-believeable

Not in the property, the fact that the we paid for it.