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Legal Commentary

: Res ipsa loquitur

Shvitz, Spa, and a Bailout: AIG Officials Treat Themselves to a Resort Celebration After Bailout

By jonathanturley

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Executives at American International Group Inc. (AIG) were obviously raked with guilt after running their business into the ground, ruining the lives of thousands of employees, and requiring taxpayers to assume the debt of their poor decisions. They were who distraught, days after the bailout, that they spent $440,000 on a posh California retreat [...]

Full post as published by Res ipsa loquitur on October 08, 2008 (boomark / email).

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