After An Exhausting Bailout, AIG Execs Needed A Break!

Bastards. I want my money back.

FDIC Spa packages will be mailed to all tax payers this week.

I feel like I'm in a nightmare where the taxpayers are ants and Congress and Wall Street are big feet
stomping all over us.

This is fricking unbelievable. These fricking pieces of rat crap!

Yeah I think I will judge them pretty harshly. A spa vacation is likely 5 times as much as simply giving them the days off to "rest up." Because of the hotel rooms, the travel, the extras, the golf games the treatments, the hookers. And if you think there aren't hookers or strippers involved you are an idiot or have never hung out with these kinds of guys. I've been to these sales meetings and anything and everything happens. Especially when the company card is unrestricted, which is seems it was here.

The guy who punched out what's has name while running a treadmill, expect more of this. Continue with the reporting. We need a 'hunt the executives' reality show for fall entertainment.

Wow, screwed over. But we all saw that coming. The bailout should have never passed, its not doing any good on the markets anyways. I'm glad I'm Canadian and haven't contributed my tax money to that but I do feel for Americans.

I can't even get a day off and I have the stress of my job going away everyday. I think they should be required
to rub the feet of every tax payer.

What a bunch of sick fucks.

I think Harold said it best.

Our whole monetary policy is broken anyways. We can only keep this up for so long and the charade is almost up.

This 700 billion is just a bandade just like the 20 some billion given to the auto manufacturers this past month and the 600 some billion being handed out by the federal reserve to the banks this month.

It all boils down to the fact that the world can't support this much debt. You can live with the overhead for only so long but the debt is now growing faster than even the federal government can compensate for. As long as banks can create money from thin air, the interest we are all bearing will just grow and grow past this point of breaking. It is too bad to. Had we just let the damn thing fall apart the fall would have hurt less. Now, we have to watch as the national debt rises by trillions as the financial elite milk us dry before the great crash. Hang on for the ride, folks. Its going to get real bumpy real soon.

The fact of the matter is that these executives genuinely feel they are owed these perqs.
Honestly, they'd probably give you a "deer in the headlights" look if you ever actually confronted
them on the issue. Priviledge breeds contempt.

Ok, I can understand how rough they feel they've had it. I can understand how much stress they are under..... So sure, the probably could use a vacation, IF they deserved it.

But its their own dang faults, so why reward failure? Oh yeah! This is Corporate America! Rewarding failure is how it is done I guess. How many failed companies went bankrupt, got out of paying their debts and screwing customers and taxpayers in the process, only to REWARD their chairpersons and CEO's with MILLIONS of dollars as they leave the company?


They don't deserve it. This 'vacation' is a SLAP in the face to everyone. They want a vacation? Let them do some actual damn work for a change.

Wow, that makes perfect sense to me. Well done.

www.privacy.es.tc

How did this bill get passed?
Is it really even helping our economy?
Someone please shed some light on the situation for me, if you will.

Have tried all day to get the voice mail or e mail addys for these bastards. Talked to a really nice woman named Joanne that actually was appalled that she worked for that lot. Not her fault mind you. She is one of us working folks and her superiors have her fielding calls from all over. What should happen but won't, is a bunch of New york's finest should cuff 'em all,throw 'em in a cell, and plunger their asses.I thought that a good fire might be in order but that would burn the paper trail.The gall of these fucks is so enraging one can hardly contain it. For most of us if we fuck up we get fired. These walking abortions get golden parachutes and vacations to "decompress". Christ on a cracker. It's not just in very bad taste and an exercise in poor judgement, IT"S EVIL!!!!! I want to urge everyone to pound the phone lines and physically protest at corporate HQ.I could go on but I'm quite sure as I do some other piece of shit company is doing the EXACT SAME THING. A plague upon their houses.

Email and complain to AIG directors and VP's via this list! I did!

Stephen.Bollenbach@aig.com
ANASTASIA.KELLY@aig.com
DAVID.HERZOG@aig.com
Edmund.Tse@aig.com
Edward.Liddy@aig.com
ERIC.LITZKY@aig.com
Frank.Wisner@aig.com
Fred.Langhammer@aig.com
George.Miles@aig.com
JACOB.FRENKEL@aig.com
James.Orr@aig.com
Jay.Wintrob@aig.com
Kristian.Moor@aig.com
Martin.Feldstein@aig.com
Michael.Sutton@aig.com
MICHAEL.ROEMER@aig.com
Morris.Offit@aig.com
NICHOLAS.WALSH@aig.com
RICHARD.BOOTH@aig.com
RODNEY.MARTIN@aig.com
Steven.Bensinger@aig.com
Suzanne.Johnson@aig.com
Virginia.Rometty@aig.com
Win.Neuger@aig.com

So they won't get a raise with the bail-out, which they would have to pay taxes on (probably wishful thinking on my part that they actually pay taxes - but hey go with it) - they get a weeks retreat in a spa costing the company (read us as the bailoutees) hundreds of thousands of dollars. I still want to know if anyone can explain why they still have not been fired.

Me thinks I should post this list on 4chan anon will know what to do

Throw them all in jail NOW!!!

I think we need prison sentences for these guys. They can make license plates until they pay down the $85 billion, how about that?

This is unreal. If anyone in the country had any balls we wouldnt let this go down.

Wake up. We create their wealth. We control them. Show them this.

2012.

If they went to jail they'd just go to a white collar prison and cost us more tax dollars, but you're right, they should be punished. I feel no sympathy for them at all. They think they were tired and needed a break but I bet there are a lot of americans who are way more tired and deserve a break more than they do. I myself work two jobs while going to school and I still have to take out loans. I'm typing this on four hours of sleep last night, but I'm not complaining because it is my choice to go to school. If they want a break they shouldn't have these jobs. Let's face it, life is friggin hard. That doesn't mean that you get a free shopping spree!

"We hope you won't judge them too harshly" Are fucking retarded Jay Yarow, are you!? Because that is tax payer money they just stole. Do you know what I could do with $440,000? College, a house AND retirement. I hope the manicurist cut their nails too short.

I read everyone comments as I sit here in discuss. I am a disable NYC Paramedic (disable from 9/11) You can read my story at www.unsunghhh.us . I did receive a settlement from the 9/11 Fund ( and it wasn't millions or a million). I am grateful for what I did receive.With some of the settlement money I did invest in the stock market to make some money and to invest in the economy. In retrospect I should have put my settlement money in the bank, wait a minute the banks were part of this problem and needed a bailout also. Putting my money under a mattress doesn't seem like a bad idea after all.

Let me get this straight, the boys on Wall St, the unethical bankers, the crooked mortgage lenders and the general public( no disrespect to those who lost their jobs due to no fault of their own, illness or death in the family) who bought houses they knew they couldn't afford and now we must bail them out because of their behavior.Their behavior has caused the value of my stock to drop. I lost money like everyone else. Now I get screwed a second time by paying more taxes for the bail out. When that is not bad enough, I hear and read about the crew at AIG went on a retreat for $440,00 after the bail out. WOW!!!!!!

You have to love it when these guys and some of our government officials say "Well how did this happen?" Are you kidding me? Why don't you stand here a pee on my leg and tell me it is raining outside. To all of you who played a roll in this collapse "God don't like ugly" think about it.

What, you expected differently? That's how these people live ALL THE TIME. Why stop now?

Where is the justice?

Do we just let these bastards live it up while everyone else faces economic hardship?

I wish ordinary people would just gather and do something about this injustice.

My second to last statement should have read " Why don't you stand here and pee on my leg and tell me it is raining outside"

I am so pissed. My hardworking grandparents who were looking forward to retirement in a few months can't anymore, and these bastards are spending away. I know violence isn't the answer but boy-o-boy I just want to smack them around a few times. Horrible.

Look at the email list - 24 people. 24!!! How many directors and VPs does it take to run a company? I'd like to spend a day with each one of them seeing just what work they actually do. All of these Fortune 500s are the same. More like a social club that they all get paid to belong to and hang out at rather than actually working. They all have scores of executive assistants to to any actual labor. This bailout is a total scam. Like someone above said, I'm glad my tax dollars didn't go towards this. I'm Canadian, mine just go to keep Quebec from separating.

gotta love a 100% capitalist country with no regulation

These parasites must be arrested and harshly put to justice. I want every penny they earn for the rest of their lives for the taxpayers, and nothing less.

None of those executives were there! This was a planned trip that a life insurance subsidiary put together for its highest-producing salespeople and distributors (some of whom weren't necessarily even employees)!

Only the government would buy 80% of a company and then immediately do everything it can to alienate that company's best producers. Those people are all going to start selling policies for other insurers, and good luck to the government getting its money back.

It was irresponsible of Congress to suggest otherwise, but really lazy reporting here. If Clusterstock is a cluster of the worst market info on the web, then I'll stick with Dealbreaker. At least it's amusing.

I am so mad about this it is unbelievable. Here I am almost 62 years old, about to lose my home to foreclosure and in debt up my ass and here we are helping the rich stay rich. I don't understand this bail out or anything involved with it. I do know it is going to companies that are rich, been rich and will still be rich because this government gives them money. You gave AIG 85 billion dollars. You could have given me 150,000.00 and I would be debt free and able to retire and enjoy my grandchildren. This all was caused my bad mortgage business. Will I am involved with the worst company in the world when it comes to mortgage and would sale my soul to the devil to get away from them. I would like anyone reading this if you know anyone who is willing to help me or get me away from Litton Loan Servicing to contact me at glfjames@yahoo.com. I know there is people out there that could give away this kind of money and never miss it and some who would spend that kind of money on a party or night out. Some one out there could help a vietnam vet and a 62 year old stop working and enjoy his grandkids and live of what is left of it. But government should not be doing this and should be helping the individual tax payers that have had some hard times hit them and need help to continue living a normal and average life. But for some reason the usa loves helping the rich companies get richer or stay rich and give other countries money that could care less about the usa as long as we are feeding them and take care of them. No one in government cares about a man working his ass off for 45 years and living from pay check to pay check for all his life. Someone who cares please contact me.

AIG clarified today, and I'm not just talking about their using a sea salt scrub:

AIG Clarifies Agent Meeting

Last update: 12:26 p.m. EDT Oct. 8, 2008
NEW YORK, Oct 08, 2008 (BUSINESS WIRE) -- American International Group, Inc. (AIG) Chairman and Chief Executive Officer Edward M. Liddy sent a letter today to U.S. Treasury Secretary Henry M. Paulson to clarify the circumstances of a business event held by an AIG subsidiary which was discussed during an October 7, 2008 hearing by the House Committee on Oversight and Government Reform.
The event, mischaracterized as an "Executive Retreat," was held by one of AIG's insurance subsidiaries for independent life insurance agents, not for AIG employees. These agents were top business producers for the company, and of the more than 100 attendees, only 10 were employees of the AIG subsidiary who were there to represent their company. No AIG executives from headquarters attended. The meeting was planned months before the Federal Reserve Bank of New York's loan to AIG.
In his letter, Mr. Liddy assured Secretary Paulson that AIG now faces very different challenges, and "that we owe our employees and the American public new standards and approaches." Mr. Liddy assured Secretary of the Treasury Paulson that AIG is "reevaluating the costs of all aspects of our operations in light of the new circumstances in which we are all operating."
Mr. Liddy concluded, that "AIG is focused on doing what is necessary to address our capital structure, repay the Fed credit facility and emerge as a healthy global insurer. In the meantime, our insurance businesses continue to operate normally and satisfy the needs of our policy holders."
American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
SOURCE: American International Group, Inc.
American International Group, Inc.
Nicholas J. Ashooh, 212-770-3523
Senior Vice President, Communications

http://www.marketwatch.com/news/story/aig-clarifies-agent-meeting/story.aspx?guid=%7BE435AAE7-CB13-4E78-863E-B7E9F77E176B%7D&dist=hppr

I was at the St. Regis that weekend. On Sunday was the Concours d'Elegance car show at the hotel. At the spa on Saturday all the spa employees were talking about what pigs the AIG people were and to quote the lady at the spa, "WE HAVE NEVER SEEN A GROUP SPEND THIS MUCH MONEY AT THE SPA BEFORE!"

Absolutely ridiculous!

Jake

PLEASE.... The only relaxing place these guys need is a 7 x 10 cell with 1 hour exercise privalege each 24 hour period.

Insteas of the spa we should send all of AIG execs on a hunting trip with Dick Chenney!

THOSE ARE SOME SICK LITTLE FUCKERS.......
UUUGGGHHH WE ARE ALL OUT HERE SUFFERING WHILE THIER LITTLE PUNK BITCH ASSES ARE TAKING FUCKING VACATIONS..
HELL NO THEY NEED TO GET ON THE DAMN JOB SOMETHING THEY SHOULD HAVE BEEN DOING BEFORE ALL OF THIS BULLSHIT...

BEST RESOLUTION IS TO:

VOTE FOR OBAMA ON IF YOU WANT THIS ECONOMICAL CRISIS TO STOP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

THIS IS JUST ALL FUCKED UP IN MANY WAYS...
THANXXXXX AIG FOR NOT MAKING THINGS LIKE THIS
WITH YA DUMB ASSES.....
HUH,COMMON PEOPLE CAN DO A BETTER JOB THAN U>>
WHAT YOU HAVE DONE IS HOLD AMERICAS HAND AND SAID "okay you can offord a 100,000 dollar house but u want a 350,000 dollar house and u give it to the..... FUCK THAT IF YOUR ASS CANT AFFORD IT THEN GET THAT DAMN 100,000 DOLLAR HOUSE DUUUUUHHHHHHH U SICK LITTLE FUCKING,PUNK,BITCH ASS PEOPLE
U JUST REALLY FUCKED US AKLL OVER

PERSONALLY THIS IS JUST BUSHES LAST WAY TO FUCK OVER THE WHOLE DAMN USA CAUSE HE KNOWS THAT HES GOING TO BE GONE SOON..... I DONT LIKE HIM EITHER OR MCCAIN/PALIN WITH HER BLONDE STUPID ASS





ALL I CAN SAY IS VOTE FOR OBAMA AND THIS SHIT "WILL CHANGE"\


ALL OF THE BASTARDS NEED TO GET LOCKED THE FUCK UP IN ALL THOSE PRISONS THAT MCCAIN WANTS TO BUILD U FUCKING CROOKES


BITCHEZZZZZZ
AND IAM OUT

LOVE T-NASTY

People, people. You have the right to bear arms for a reason...

This is why I hate these executive types. Who spends $23k on spa?! Your company is dying!!!

This whole bailout thing is an unhappy choice for the whole world.
$85 billion dollars is not coming out of out pocket right now, the goverment will sell national bonds to the country like China. And we are going to pay it off like we pay our mortage loan. Do we want to do this? No! Does China want to buy our national bond? No. Because these bonds might be as valuable as a pile of shit later. The thing is, how could AIG go down so deep? Those brainless dumbasses sold a lot of CDS, they insured wall street fuckers' asses without insure their own position. Greedy! How could an Insurance company ignore their own risk? Profit!
If we don't bailout AIG, our lives will be a lot worse than right now. But it passed, and we are going to hell slowly, because this kind of thing will repeat again, believe me!
I am embarrsed. Wakeup Americans!

I do not endorse communism, but in cases like this, it certainly give credibility to the government taking over certains businesses to protect the consumer. We should take over AIG and have federal employees running the company. We should limit the outrageous awards some people get when the sue, like they do in other countries. We should have government run companies that control gasoline, fuel, utilities and insurance. Private enterprise has shown that they cannot ethically run these companies, so, when there is a business that our nation is dependent upon, we need to have conrol and set standards for pricing and compensation. No more political or corporate fat cats.

I wonder if Eliot Spitzer's client#9 was one of the hookers on the "spa" bill. $23,000 in spa charges? C'mon, do they really think we're that stupid? It was $23,000 of BJs from hookers. How ironic that the politicians who bailed out these pigs at AIG with our money, are the same people who made such a national stink about Clinton getting a BJ.

Hilarious, the U.S. constitution should have read "We the sheeple". Those of you that think it was AIG execs on this spa vacation, LEARN TO READ!!!, oh and when you miss that I said learn to read, I meant go and do some homework. Those of you looking for handouts in here, whining about having to work all your life and then having it all "taken" away...fuck off, grow up, keep working like the rest of us and put your hands to work instead of holding them out, life is hard...not nearly as hard as it could be, and probably will be, you dumb fucks, you don't even know how lucky you have it...for now. When the shit REALLY hits the fan, if you haven't figured out how to fight, possibly kill, and have to defend yourself...oh well, more food for me. McCain isn't your answer, neither is Obama...you idiots, sheeple... you think either one of those guys gives a rip about you. Here's a little something for those of you with even a slight twinkle of intelligence in your eye that are thinking about voting for Obama. Remeber what our Gov. just bought...Fannie Mae, Democrats derailed legislation that would have cleaned up FM. Raines and Garelick who run FM, and are Clinton's homeboys, get 100 million and 75 million in bonuses respectively. An investigation showed that fraudulent numbers triggered these bonuses...no further investigation, no charges, no one goes to jail. FM supports Democratic causes such as Jesse Jackson and ACORN, pays millions to senators of both parties...care to guess who gets the most? #1 Sen. Christopher Dodd, #2 Sen. Barack Obama...oooo there's a surprise. Raines and other execs were eventually forced to resign, no charges, and a whopping 31.4 million in civic fines, but they did keep their bonuses, they were not asked to pay those back. None of the politicians return the money tainted with fraud. Raines is now an advisor to the Obama campaign, which endorses more government take over of the economy....of course they do. Wake up sheeple.