I'm glad I helped pay for their vacation, aren't you?

Without Sidelines, life has no boundaries. R.I.P.

I'm pretty sure it was AIG.. something like 37 billion more.

11-04-08   I can see the brewery from my house.

While that may be true, the reality of the situation is the company is being bailed out by the taxpayer and any impropriety or luxury by AIG management ought to be considered abusive and conceited.

Had the taxpayer (read: the government) not bailed out AIG even these executives in the profit making entity of AIG would not have been able to treat themselves to this luxury because the company would have been bankrupt.

Regards..............the Chiefjag

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So the answer is to fire the executives of one of the profitable entities in the firm?  While I think they went a little overboard, people do get compensated for performance.  They performed well and received the benefits of that. 

If I were the top management of AIG I would want to keep those people happy and continue making money for me.  It was an already planned event and they followed through with that plan after the bail out.  It wasnt a decision with the thinking that the US government just gave us 85 billion, lets see how quick we can spend it.

Self-praise is for losers. Be a winner. Stand for something. Always have class, and be humble. John Madden Member of Jaguar nation and season ticket holder since Day 1

The above statement is the problem. The company............the company......is being saved by the taxpayer............you have an image to uphold amongst the working STIFFS in America who are buying out your debt. Does it make sense to send some of your excetutives on a junket of free golf, wine, dine and spa treatments? Do you think this is good public relations?

Forget about the coddling of producing executives right now, the situation calls for the company to promote an image of corporate responsibility amongst the taxpayers who saved it. It just doesn't promote a good image.

Regards................the Chiefjag

Be a real Jags fan. Donate to JAGSTIX4KIDS!

If I were working for AIG and this was offered to me I would take it.  It was planned well before the bailout for people who were excelling in their jobs.  Like I said pay for performance.  My actual guess would be that this was probably paid for before the bailout as well.  This kind of resort does not just hold a slot without down payment.

If you want to blame someone, once again blame the oversight committee who should have had done more research.  A simple audit could have come up with this.

Self-praise is for losers. Be a winner. Stand for something. Always have class, and be humble. John Madden Member of Jaguar nation and season ticket holder since Day 1

I'm with CJ on this one. It really hurts the companies image, no matter when the trip was planned. If I were the person making that decision I would've told my employees that I was sorry but that the trip has to be cancelled because going on it now just wouldn't make a bit of sense given the current economic situation.

"Only the dead have seen the end of war" - Plato "The universe is hostile, so impersonal Devour to survive... so it is, so it's always been We all feed on tragedy It's like blood to a vampire Vicariously I live while the whole world dies Much better you than I" – Tool, “Vicarious”

Perception trumps reality in a situation like this.  A little common sense should have been practiced coming off the heels of the initial bailout.

There are other more discrete ways that AIG could have shown some level of appreciation to these executives that wouldn't have carried such a negative connotation for most common folk (aka the taxpayers that are on the hook to the tune of $2300 to every man, woman, and child for this entire bailout package).

Voted the #1 A-Hole on Jaguars.com Never argue with idіots. They drag you down to their level, & beat you with experience.

Signed,

AIG Executive.

Actually, here is a pic released from the meeting...

http://upload.wikimedia.org/wikipedia/commons/f/f5/Woodstock_redmond_hair.JPG