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Criminal Law

: Crime & Federalism

Your AIG Bailout Dollars at Work

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Obviously, having been through a tough time, AIG executives need to unwind.  You're welcome, guys: Financial crisis? What financial crisis? 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.Here's the rest of the story. 

Full post as published by Crime & Federalism on October 03, 2008 (boomark / email).

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