After The Bailout AIG Bought Themselves A $440,000 “Retreat”

According to “The Consumerist“, after the bailout, AIG Bought Themselves a $440,000 retreat.

“ABC says that the documents show that the company, yes the company, paid more than $400,000 for a week long retreat at the resort. The bill included $200,000 for rooms, $150,000 for meals and $23,000 in spa charges….

…Congressman Waxman also said that there was evidence that the former CEO changed the bonus schedule in order to insure that top executives would continue making multi-million dollar salaries, even as their company went broke.”

Great idea government. Can we stamp “Epic Fail” on your forehead now?