We Know Money

I am still a bit stuck on the recent AIG retreat.

I guess it was all planned, prior to the whole bail out package, but it is hard to swallow a $450,000 get-away for AIG staffers after kicking down huge cash to keep them in business.
Really, $24,000 in spa treatments?

Shouldn't somebody have said "Listen, we're plundering taxpayer savings accounts to be here, so skip the massage and sea salt wrap...it will read poorly in tomorrow's paper..."

Didn't the Fed just tell us about how salary caps will scare talent away from the management of this company?
What the hell kind of PR genius is it that I am floating right now?

I am sure they did a risk assessment of how this would all play out. Probably with some really fantastic Powerpoint presentation on how this will reap tremendous rewards with the pampered associates. Perhaps there was a deep analysis of the attrition costs the hotel would bill for a cancellation.


Still, at least fake a frowning face.
Especially if you pop for the rare earth mask.



I'd be more in favor of maintaining peoples salaries, if they did a better job of covering up their indiscretions.

AIG, take a note from your new ownership.
You can lie to the public, just don't let the truth slip out.
We have gotten used to that with our elected representation.
Learn from Congress.