(function() { (function(){function b(g){this.t={};this.tick=function(h,m,f){var n=f!=void 0?f:(new Date).getTime();this.t[h]=[n,m];if(f==void 0)try{window.console.timeStamp("CSI/"+h)}catch(q){}};this.getStartTickTime=function(){return this.t.start[0]};this.tick("start",null,g)}var a;if(window.performance)var e=(a=window.performance.timing)&&a.responseStart;var p=e>0?new b(e):new b;window.jstiming={Timer:b,load:p};if(a){var c=a.navigationStart;c>0&&e>=c&&(window.jstiming.srt=e-c)}if(a){var d=window.jstiming.load; c>0&&e>=c&&(d.tick("_wtsrt",void 0,c),d.tick("wtsrt_","_wtsrt",e),d.tick("tbsd_","wtsrt_"))}try{a=null,window.chrome&&window.chrome.csi&&(a=Math.floor(window.chrome.csi().pageT),d&&c>0&&(d.tick("_tbnd",void 0,window.chrome.csi().startE),d.tick("tbnd_","_tbnd",c))),a==null&&window.gtbExternal&&(a=window.gtbExternal.pageT()),a==null&&window.external&&(a=window.external.pageT,d&&c>0&&(d.tick("_tbnd",void 0,window.external.startE),d.tick("tbnd_","_tbnd",c))),a&&(window.jstiming.pt=a)}catch(g){}})();window.tickAboveFold=function(b){var a=0;if(b.offsetParent){do a+=b.offsetTop;while(b=b.offsetParent)}b=a;b<=750&&window.jstiming.load.tick("aft")};var k=!1;function l(){k||(k=!0,window.jstiming.load.tick("firstScrollTime"))}window.addEventListener?window.addEventListener("scroll",l,!1):window.attachEvent("onscroll",l); })(); '; $bloggerarchive='
  • January 2006
  • February 2006
  • March 2006
  • April 2006
  • May 2006
  • June 2006
  • July 2006
  • August 2006
  • September 2006
  • October 2006
  • November 2006
  • December 2006
  • January 2007
  • February 2007
  • March 2007
  • April 2007
  • May 2007
  • June 2007
  • July 2007
  • August 2007
  • September 2007
  • October 2007
  • November 2007
  • December 2007
  • January 2008
  • February 2008
  • March 2008
  • April 2008
  • May 2008
  • June 2008
  • July 2008
  • August 2008
  • September 2008
  • October 2008
  • November 2008
  • December 2008
  • January 2009
  • February 2009
  • March 2009
  • April 2009
  • May 2009
  • June 2009
  • July 2009
  • August 2009
  • September 2009
  • October 2009
  • November 2009
  • December 2009
  • January 2010
  • February 2010
  • March 2010
  • April 2010
  • May 2010
    • '; ini_set("include_path", "/usr/www/users/dollarsa/"); include("inc/header.php"); ?>
    D and S Blog image



    Subscribe to Dollars & Sense magazine.

    Subscribe to the D&S blog»

    Recent articles related to the financial crisis.

    Thursday, October 16, 2008

     

    AIG Execs Still Living the High Life

    by Dollars and Sense

    In case you were concerned that company execs at AIG (the failed insurance company that was bailed out by the Fed because it was "too big to fail") would have to tone down their high-flying ways, fear not.

    Last week we reported how, after begging taxpayers for $85 billion to save their hides, they treated themselves and their top insurance salespeople to a week-long luxury spa retreat to the tune of $440,000.

    This week, corporate honchos found themselves back in the spotlight after reports surfaced that the company spent $86,000 on a corporate hunting trip in England the same time they got an additional $37.8 billion from taxpayers.

    While the company is now claiming that it will pare back such extravagances to only those that "maximize revenue," they are still mum on whether any top executives are considering giving back any of the hundreds of millions they received in compensation. NY Attorney General Andrew Cuomo, however, is not amused.

    Labels: , , ,

     

    Please consider donating to Dollars & Sense and/or subscribing to the magazine (both print and e-subscriptions now available!).
    10/16/2008 11:59:00 AM

    Comments: Post a Comment



    << Home