The Pigs Can’t Stay Away from the Trough


As David Lazarus of the LA Times is reporting today, executives from AIG attended a $440,000 company retreat at the St. Regis Resort in Monarch Beach a few days after the company received a $85 billion taxpayer bailout. (See also Lazarus’s October 8 article.)

Similarly, brokers at Wachovia Corp will be leaving on Saturday for an all-expenses-paid cruise of the Greek islands.

Your tax dollars at work, my friends, your tax dollars at work.

Truemajority.org is suggesting you write to Treasury Secretary Paulson and tell him the AIG director who authorized the retreat should be fired and the funds returned to the US Treasury.

Will it make a difference? I’m not convinced. But I suppose it beats doing nothing.

  4 comments for “The Pigs Can’t Stay Away from the Trough

  1. October 9, 2008 at 4:30 pm

    As a horn-tooting measure, the Register broke this, way back on October 2 – AIG subsidiary parties in style in OC, two weeks after bailout.

  2. Dan Chmielewski
    October 9, 2008 at 5:00 pm

    Teri Spforza did it; nice catch Mike

  3. October 9, 2008 at 6:25 pm

    I have a couple contacts there.

  4. Michael Hagen
    October 10, 2008 at 12:18 am

    Good job Barney Frank, and hey keep pointing that finger so that they won’t look at you! It’s definitely those damn republicans. I sure can’t wait till we have Nancy, Barney and Hussain in control. Life’s gonna be great!!!

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