Tuesday, October 07, 2008

AYFKM Alert:

AIG Executives Go ON A 400K Luxury Retreat After Receiving 85 Billion Dollar Taxpayer Bailout

Today on CSPAN Rep. Cummings (MD-D) of the House Oversight Committee gave AIG exec the business.



Really. This is what they do with bailout money. Welcome to the dark side America. Story at Think Progress with a sidebar from Fucked in California blog.

6 comments:

Cujo359 said...

This is my biggest fear about the future of America these days - the gap between the people who run things and the rest of us seems to be increasing. Pretty soon, CEOs won't even realize that anyone who isn't on their staffs actually contribute anything useful to their companies. Nor will they care.

HopeSpringsATurtle said...

Do they now? Hi C. nice to see you.

Anonymous said...

And Chimpy is privatizing the bailout right now. He's turning over the management of the bailout to the very people who made the mess.

Somehow, the MSM doesn't seem to have noticed that. Go figure.

Cujo359 said...

I'm sure some don't now, Hope, but whether that's the prevailing attitude seems unlikely, at least in my mind. Give it another generation of CEOs, though, and it probably will be the prevailing attitude.

Of course, I wouldn't be surprised if I were behind the times already on this question.

Good to see you, too.

KA said...

I think the sad part about this is that no one is surprised about their irresponsibility.

Pandabonium said...

I gave up on Amerika four years ago and left. I can't imagine people still expect a different outcome from what they've been getting for the last quarter century or more.