When do we see them in Orange jumpsuit?
So…what do you do once you get bailed out? Well, you head straight to one of the most exclusive resorts and party at Tax payer’s money.
That’s exactly what top AIG executives did after they got bailed out. Less than a week after they got bailed out, top executives spent a week at the luxury St. Regis Resort in Monarch Beach, Calif.
They spent $200,000 for rooms, $150,000 for meals and $23,000 for spa. After all the hard work, they sure needed a vacation at tax payer’s money, right?
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So, you make all types of bad choices and run your company to ground. And, the consequence? Nothing!! In fact, you get more free money and rewarded with a nice vacation. WOW! Capitalism at its best!
When do we see these executives with fake MBAs in orange jumpsuit and handcuffs?
Labels: Corporate World, corruption, Economy
posted by nvittal at 10:05 AM
4 Comments:
Criminals!
8:27 PM
Good heavens!
2:37 AM
Nothing new in this. We are the fools to believe in Govt-Business complex and place trillions in their hands. There is nothing we can do to stop this looting.
10:46 AM
It is going to be worse in coming weeks. I think google may hit $100 per share. And I can smell lot of layoffs happening in yahoo/e-bay/sun in coming weeks.
8:48 AM
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