Financial crisis? What financial crisis?Some people really win by looting the taxpayers.It's time to separate business from state.
Less than two weeks after Uncle Sam gave American International Group (AIG) an $85 billion loan - staving off financial collapse - execs from one of its insurance subsidiaries, AIG American General, gathered for a conference at the uber-swank St. Regis Monarch Beach Resort, billed as “California’s only Mobil Travel Guide Five-Star Resort,” where ocean-view rooms start at $565 a night and “world class luxury” is the rule.
Friday, October 03, 2008
AIG subsidiary parties in style in OC, two weeks after bailout
The Orange County Register reports: