Comments on: After Bailout, AIG Execs Lounged At Resort

House Panel Probe Into Market Crisis Also Reveals Insurance Giant Hid Risky Practices

[daddadah]

Goodmorning america how r ya,
We r the ones at fault for not watching what was going on for not caring about each other for not trusting one another for allowing our country to be taken over without firing a shot a financial war.Not one politician is telling the truth because they are all to blame thier r no more wars ,no hurricanes ,no 911 etc. etc.to keep everyones eye on the money so all the snakes had afield day .NOW HERES THE SOLUTION YOU GET A CAT TO EAT THE RAT THAT GETS EATEN BY THE DOG WHO GETS EATEN BY THE LION WHO GOES FOR A SWIM AND GETS EATEN BY A SHARK WHO GETS SOLLOWED BY THE BOSS THE ORCA.THEN OUT OF HIS SPOUT COMES CLEAN CLEAR UNTOUCHED UNCORUUPTED PLAN.YOU START OVER AND MAKE SURE YOU WATCH AND CARE AND HELP ONE ANOTHER PUT THE T.V.,I POD ,COMPUTER.ETC,ETC DOWN.tAKE A BREAK AND GO OUT AND SMELL AND LOOK AND WALK AND TALK AND GET BACK TO THE BASICS ,THE WORLD NEEDS A BREAK.

[juwboy]

baptox the s-a-d-i-s-t has just slithered out from under his rock.

Now is the time to set the agenda for our future, FIRE THEM ALL.

[harichi]

The CEO and the Executives of AIG and Leman Brothers should be charged with Gross criminal miss use of power and all the pay they received should be recovered and jailed.
This will NOT happen becouse CORRUPTION starts at the TOP.

[thcarson-2009]

Here is ''NO LOSE'' Investment to help you in our current economic standings. This is a self proven method I have been very successful doing. If you had purchased $1,000 of AIG stock one year ago, you would have $42 left. With Lehman, you would have $6.60 left. With Fannie May or Freddie Mac, you would have less than $5 left. But LISTEN carefully, if you had purchased $1,000 worth of beer (no matter the brand) one year ago, drank all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have had $214. Based on the above, the best current investment advice is to drink heavily and recycle. It''s called the 401-Keg Plan. This is what I, have been doing and enjoying during this so called depression. Good luck and enjoy your new found fortune. The world is now your oyster.

[help2008-2009]

"You have cost my constituents and the taxpayers of this country $85 billion and run into the ground one of the most respected insurance companies in the history of our country," said Rep. Carolyn Maloney, D-N.Y. "You were just gambling billions, possibly trillions of dollars."
I really take issue with this, folks. THE ONLY PROPLE THAT COST TAXPAYERS 85 BILLION WAS CONGRESS. OUR GOVERNMENT HAS RUN THIS COUNTRY INTO THE GROUND. REPUBLICAN AND DEMOCRATS. Shame, Shame, Shame.!!!

[pirmin3]

They knew their accomplices in DC would bail them out so why not party hardy? They raise their middle finger high to the American tax payer and laugh their a$$es off.

[sheryl813]

What about all the people who lost their homes??
Maybe some of them shouldn''t have been given a mortgage, but we all dream of owning a home, even though to one of the "big wigs", it''s a minor irratation to find and purchase a new home, and is probably the second or third one they have in this country. Do you suppose that''s the reason they skipped over the main victim in all of this underhanded activity? All the people that lost their dream home. What about them??

[baptox]

I could think of a spa treatment i''d like to see them experience... Let''s see...

A deep cleansing chili pepper *** to start. Next, full body thorn and thistle scrub followed by an aromatic cow manure mask... Finally, a pliar-pull pedicure in combination with a complimentary bamboo -under-the finger nails manicure.

[katyrae1234]

MASSIVE PROTESTS NEED TO TAKE PLACE. THE HOMES OF THESE EXECUTIVES WOULD BE A GOOD PLACE TO START. ENOUGH IS ENOUGH!

[Michael Arnold]

Dear Americans: S U C K A S !

[riceuguy]

Although I completely understand everyone''s anger, as an ex-employee of AIG American General (the division that had this "junket"), I can tell you this has been HORRIBLY mischaracterized. These trips are for "producers" (insurance agents) who exceed certain sales targets. Aside from being planned a year in advance, you don''t cancel a trip like this for your top NON-EMPLOYEE salespeople at the very time they''re wondering if they should keep selling your products. Now, before somebody''s blood boils over, the AIG employees should have skipped the spa treatments and told their guests that in light of the current situation that would be in the best interest of policyholders. But please, before you villify these employees (who incidentally, unlike their AIG colleagues in a totally different division, have run a solid, stable business that will fetch a premium price when it is sold and will help repay taxpayers and will do so with a healthy interest payment), recognize that you simply don''t tell a company that needs to keep its life insurance business profitable in order to sell it and keep us all off the hook for the $85b that they should not engage in a sales practice that every other insurer engages in. Agents will stop selling their products, and the taxpayer will get stuck with the bill. Get informed before getting emotional! Thanks for "listening."

[sheryl813]

It''s the rats helping the rats, but, ***!!!
They''re using our money! And while they vacation twice a year at High Class Resorts, I can barely afford to put gas in my car to get to McDonalds.
If I screwed up and loaned money to my friends to the extent that I couldn''t afford the basics, should I ask the government for a loan, so I could get the basics, and then go on a month long cruise? .....

STOP LAUGHING!!!!!

[getreeltex]

These people knew that the government would have to bail them out.

It''s nothing more than extortion.

[claydowner]

Executive compensation at such exorbitant rates above the entry level worker is obscene. It also creates a culture of entitlement amongst senior management. I am tired of the whole lot of them. They have forgotten what average middle class Americans are facing: loss of purchasing power, job insecurity or unemployment, rising healthcare costs, rising college tuition, energy costs going through the roof. These same average Americans are also facing large losses in retirement accounts, mutual funds, and other securities related assets. Now average Americans get to pull their slack for the bad business decisions made on Wall Street. AIG''s actions in sending senior executives to a posh resort after an $85 billion bailout is despicable and obscene. All of these executives need to be picking up litter along the ditch wearing orange jumpsuits. I am really sick of these people. The language used to describe my feeling towards these CEO''s can not be posted on family blog.

[incog-nito]

lindh4: You''re wrong. The topic of executive pay IS relevant. It shows that there is NO correlation between executive compensation and their performance. That is at least partly what is causing the current financial debacle. If you get paid handsomely no matter how poorly you perform, what incentive is there for you to help your company prosper? It seems the only incentives for these execs is to skim off as much as possible for themselves before the ship goes down.

To fix the problem, an exec''s pay and bonuses should be directly tied to the company''s profit, NOT stock price. They should not be allowed to own any shares or stock options in the company. Using the stock price as a barometer only encourages short-term thinking and/or manipulation, not the long-term well-being of the company.

[smurfcrusher]

"The tab included $23,380 worth of spa treatments for AIG employees at the coastal St. Regis resort south of Los Angeles even as the company tapped into an $85 billion loan from the government it needed to stave off bankruptcy. "

Well, have some sympathy. Defrauding the US taxpayer is hard work! They needed some downtime so they could screw us more efficiently, later.

[cg37102006]

nice to see everyone was tightening their belts, buckling down, making sacrifice in these troubled times.....not. revolting, but not unexpected. greed rules America more than most of us realize. i have come to know it over the last few years. Many of us are just out to make a buck and screw everyone else in the process. it is who we are.

[gwjackie]

If AIG has any money left coming STOP THE SHI! NOW.

[janeyre-2009]

They won''t be prosecuted, they are the Elite.