Time for Pitchforks and Torches
AIG executives went on luxurious retreat one week after receiving $85 billion bailout.
I say it’s time for that revolution Jefferson kept talking about.
Today, the House Oversight Committee discovered that, just one week after the federal government bailed out insurance giant AIG, company executives went on a retreat to a luxury resort. The executives spent nearly $500,000 on manicures, facials, pedicures, and massages, among other things. During a hearing today, Rep. Elijah Cummings (D-MD) asked, “Have you heard of anything more outrageous?”:
CUMMINGS: Let me describe for some of you the charges that the shareholders, taxpayers, had to pay. AIG spent $200,000 dollars for hotel rooms. Almost $150,000 for catered banquets. AIG spent $23,000 at the hotel spa and another $1,400 at the salon. They were getting manicures, facials, pedicures and massages while American people were footing the bill. And they spent another $10,000 dollars for I don’t know what this is, leisure dining. Bars?
I want heads on pikes over the East River.
This is crazy. Public money being tossed around like a sack of oranges with no accountability. Who would've thought that would be a problem?
Posted by: LT Nixon | October 07, 2008 at 02:51 PM
At least they spent the money in my county.
Posted by: Agi | October 07, 2008 at 03:28 PM
Somewhere there's conservative pundit congratulating them for pumping money back in to the economy.
Posted by: Lew Scannon | October 07, 2008 at 05:50 PM
See? The free market works!
Posted by: tafka pb | October 08, 2008 at 09:05 AM
More outrage is needed also for the fact that the House of Reps were threatened with martial law if they didn't pass the bill, according to Rep. Brad Sherman. Most think it was directly from the withered lips of Dead-Eye Dick.
It is PAST pitchforks time!!!!
Posted by: HelenWheels | October 08, 2008 at 12:22 PM