Scorched Earth: AIG Execs caught on ANOTHER junket last week

[deminks]

http://abcnews.go.com/Blotter/WallStreet/story?id=6223972&page=1

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.

A hotel employee told KNXV reporter Josh Bernstein, "We can't even say the word ."

(end snip)

More of Smirky's scorched earth policy: Leave nothing of value behind.

[Swamp Rat]

1. Tar and feathers. eom

[Crunchy Frog]

4. Guillotines. n/t

[PetrusMonsFormicarum]

2. They'd better watch out for their new shareholders

namely, US!

[HarukaTheTrophyWife]

3. Actually, the first one wasn't for execs

It was for self-employed life insurance agents. It was a bonus for the top-sellers. Their life insurance division is quite profitable, btw.

I don't know if this one is the same deal or not. I agree that the first one did look bad with the timing, but it was not for execs.

[GreenPartyVoter]

5. Were they there for McCain's concession speech?

[DeepModem Mom]

6. K&R