How AIG spent your bailout money
More good news from Wall Street.
At today’s Oversight Committee hearing on AIG, the Committee discovered that a week after the government spent $85 billion dollars bailing out AIG, executives went on a retreat at a luxury resort, spending $443,343.71.Don’t act suprised: Stealing is what thieves do.
I’m not optimistic that the other hundreds of billions of dollars of taxpayer money being thrown at Wall Street won’t be pissed away in the same manner. But I am optimistic that when the Very Serious People who enabled the biggest heist in