(T)eflon(S)hadow
R.I.P. Neda
+456|7134|Grapevine, TX
This is why I called My Senator and Representatives offices a few time over the last few weeks. To tell them NOT to vote for this "rescue" "bail-out".
It goes against everything America stands for.

apnews.myway.com wrote:

WASHINGTON (AP) - Less than a week after the federal government had to bail out American International Group Inc. AIG, the company sent executives on a $440,000 retreat[/url] to a posh California resort, lawmakers investigating the company's meltdown said Tuesday.

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.

The retreat didn't include anyone from the financial products division that nearly drove AIG under, but lawmakers were still enraged over thousands of dollars spent on catered banquets, golf outings and visits to the resort's spa and salon for executives of AIG's main U.S. life insurance subsidiary.

"Average Americans are suffering economically. They're losing their jobs, their homes and their health insurance," House Oversight Committee Chairman Henry Waxman, D-Calif., scolded the company during a lengthy opening statement. "Yet less than one week after the taxpayers rescued AIG, company executives could be found wining and dining at one of the most exclusive resorts in the nation." source
INVOICE:
https://i.cdn.turner.com/trutv/thesmokinggun.com/graphics/art4/1007083aig1.gif
https://i.cdn.turner.com/trutv/thesmokinggun.com/graphics/art4/1007083aig2.gif

Call me cynic, yeah Im sure this was already planned and everyone had already had it in their to-do-list in their Blackberry's, but come on FFS, why aren't we hearing about some raids and mass arrests with these sleazy con artists!?
Harmor
Error_Name_Not_Found
+605|6854|San Diego, CA, USA
Heads should roll.  I think a couple of years in prison and millions in fines should send a blow to other executives. 

But really it should be the stockholders that revolt against this because if they did fail all the creditors would be paid first and probably squat for the investors.
(T)eflon(S)hadow
R.I.P. Neda
+456|7134|Grapevine, TX

Harmor wrote:

Heads should roll.  I think a couple of years in prison and millions in fines should send a blow to other executives. 

But really it should be the stockholders that revolt against this because if they did fail all the creditors would be paid first and probably squat for the investors.
very true man

Something must be very fucked up for me to see eye to eye with Mr Waxman
Harmor
Error_Name_Not_Found
+605|6854|San Diego, CA, USA
https://upload.wikimedia.org/wikipedia/commons/thumb/8/8d/Henry_Waxman%2C_official_photo_portrait_color.jpg/512px-Henry_Waxman%2C_official_photo_portrait_color.jpg
nukchebi0
Пушкин, наше всё
+387|6629|New Haven, CT
Just, seriously, fuck them. I usually don't swear, but these assholes deserve to be sent into Pakistan with a big American flag wrapped around them and water pistol to defend themselves with. Firing the dickwads who did this isn't sufficient; their action are bordering on criminal and should be treated as such.
Harmor
Error_Name_Not_Found
+605|6854|San Diego, CA, USA
Really...I should get into the Resort business...gee wiz.
Dilbert_X
The X stands for
+1,817|6411|eXtreme to the maX
Human weasels.
Fuck Israel
JahManRed
wank
+646|6933|IRELAND

You didn't think the smile faces , whooping and back patting on the world stock markets by the bankers was because they are relieved that the ordinary Joe trying to keep his house is going to be safer, did you?
Burwhale
Save the BlobFish!
+136|6528|Brisneyland
These guys want to privatise profits ( lower corporate tax rates please), and socialise losses ( bail us out now please). At no cost to themselves, only to the American taxpayer.
Diesel_dyk
Object in mirror will feel larger than it appears
+178|6299|Truthistan
Hey guys I feel like printing money too

I have for sale a sheet of paper where I wrote in crayon "Credit Default swap, I bet you $1 Billion that the market will go down." All I need is a buyer so I can float this "instrument" on wall street, no need to send money because the federal government will send us the money soon... we could split the money 500 million each. Any takers????

Ahhhh all this stress I think I need a St. Regis facial.....

Last edited by Diesel_dyk (2008-10-08 08:14:48)

Mekstizzle
WALKER
+3,611|6926|London, England
I'm not going to deny that I'd do the same shit if I was in that position, however, that's why people shouldn't even be able to be in that sort of position. You can't trust someone to do the right thing, so that's why someone else needs to. You also need to make sure that someone benifits more from doing the right thing, than from doing something else.

Ah, corruption....In rare cases can it be solved by making people see the light for themselves.
Agent_Dung_Bomb
Member
+302|7041|Salt Lake City

Ahh yes.

Step 1: Bail out Bear Sterns.

Step 2: Bail out AIG.

Step 3: Get a second bailout bill (because the first one failed to pass) and it gets approved with more pork than a sausage factory.

Step 4: Take up arms because another revolution is the only thing that will have any effect of change.
Kmar
Truth is my Bitch
+5,695|6906|132 and Bush

They just announced another 38 billion for them an hour ago.. talk about bad timing..lol. Unreal.. just unreal
Xbone Stormsurgezz
m3thod
All kiiiiiiiiinds of gainz
+2,197|6976|UK
I foresee WW3.  And it will start in the USA

RISE UP MY BREATHERN AND CRUSH THESE CANCEROUS SLUGS THAT INFEST OUR HOMES AND PLAGUE OUR CHILDRENS FUTURES.

/ATG
Blackbelts are just whitebelts who have never quit.
SgtHeihn
Should have ducked
+394|6792|Ham Lake, MN (Fucking Cold)

m3thod wrote:

I foresee WW3.  And it will start in the USA

RISE UP MY BREATHERN AND CRUSH THESE CANCEROUS SLUGS THAT INFEST OUR HOMES AND PLAGUE OUR CHILDRENS FUTURES.

/ATG
Maybe the writer of the show Jericho could see the future.

These companies are the scum of the earth and we are giving them money to keep ripping us off. This bailout was bullshit and this whole group in Congress right now are a fucking joke, including the 2 candidates running for president.
A12345
Member
+77|6775
what. the. fuck.

seriously these people never cease to amaze me with their greed and lack of decency, they are the same types that would kill themselves if they bankrupted down to middle class, they are so out of touch they probably dont see anything wrong with anything they do.
m3thod
All kiiiiiiiiinds of gainz
+2,197|6976|UK
where the fuck is all this bail out money comming from? They're always broke when hospital needs building or stomachs are empty but nooooooooo when a fat cat organisation on the verge of collapse out come the money bags.

seriously wtf?
Blackbelts are just whitebelts who have never quit.
SgtHeihn
Should have ducked
+394|6792|Ham Lake, MN (Fucking Cold)

A12345 wrote:

what. the. fuck.

seriously these people never cease to amaze me with their greed and lack of decency, they are the same types that would kill themselves if they bankrupted down to middle class, they are so out of touch they probably dont see anything wrong with anything they do.
Come on cut them some slack, its hard work running a multi-billion dollar company into the ground and then going to your members in congress that you have bought and have them make this BS bill and get more free money.

I think I would need a free vacation after that too.
A12345
Member
+77|6775

SgtHeihn wrote:

Come on cut them some slack, its hard work running a multi-billion dollar company into the ground and then going to your members in congress that you have bought and have them make this BS bill and get more free money.

I think I would need a free vacation after that too.
it sounds even more ridiculous when you say it like that.

im tired of corruption and bullshit that seemingly plagues anyone with a modicum of power, and the way it seems it will never go away, human nature i suppose, get your own and fuck the rest.
stryyker
bad touch
+1,682|7025|California

They were right down the street from me.

I could have taken them all out tbh.
m3thod
All kiiiiiiiiinds of gainz
+2,197|6976|UK

stryyker wrote:

They were right down the street from me.

I could have taken them all out tbh.
stab em.  just like old times.
Blackbelts are just whitebelts who have never quit.
Schwarzelungen
drunklenglungen
+133|6601|Bloomington Indiana
im out...we had a good run America

good game guys

/wrists
SgtHeihn
Should have ducked
+394|6792|Ham Lake, MN (Fucking Cold)

stryyker wrote:

They were right down the street from me.

I could have taken them all out tbh.
Jesus, they were 10 min from me. I fell dirty now.
sad fish
Member
+7|5996|California

m3thod wrote:

I foresee WW3.  And it will start in the USA
Perhaps you've heard of John Titor yes?
SealXo
Member
+309|6841
st regis lol
my friends went to a car show there last week it was like 60 bucks a person.

Last edited by SealXo (2008-10-08 19:21:01)

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