Tag Archives: AIG

I dig “Really? Really??” “Are you serious?!”

I don’t understand why there was not more bluhaha around the AIG retreat. For those of you who haven’t heard of it, AIG brought all their top executives to St. Regis Resort in Monarch Beach, Calif for a week-long retreat. The $443,000 tab includes $23K for the Spa. Here is the breakdown for a vacation of the lifetime:

(See Washingtonpost.com for the full report)

Washingtonpost.com

Most of the attendees at the convention between Sept. 22 and Sept. 30 stayed in premium “pool view” rooms at the 400-room hotel, with 47-inch LCD TVs and marble bathrooms furnished with a “Deep Roman” bath and shower. The rate: $375 per night.

The group also booked 17 “ocean view” rooms, at $425 each, and one “presidential suite,” discounted from its usual $3,200 a night to $1,600.

Another $9,982 was spent on food and drinks at the StoneHill Tavern, the Monarch Bayclub, in-room dining and the lobby lounge; $6,939 on golf; $1,488 at the Vogue Salon; and $1,450 on no-show and cancellation fees.

An invoice dated Oct. 3 said AIG still owed the resort $40,543 in charges after a $402,701 deposit. The itemized bill does not show what executives specifically ordered at the spa and salon, but a look at the hotel’s spa menu shows 75-minute “intuitive massages” at $215 a pop (most of the executives spent $210 each for a spa treatment on Sept. 25) and men’s and women’s haircuts and styles starting at $50 and $75, respectively. Executives also spent $147,302 on banquets at the hotel and $23,380 at the Spa Gaucin, which features three-story waterfalls…”

The kick is, they went on the retreat IMMEDIATELY AFTER receiving the Fed’s Bailout package of $85 Billion.

Talk about reinforcing bad behaviours! And I got dirty looks from the storeckerk when I bought my child a lollipop after he threw a tantrum???

I cannot believe that there were not more reports on this. Weren’t people outraged? I surely am. I am utterly disgusted. Are people simply tired? Or have we been so thoroughly disgusted that we simply don’t want to talk about it any more? This fall has been great for SNL. You cannot make these stories and characters up. Most people weren’t alerted of this outrage until they saw the Weekly Update skit on SNL. (Fastforward to the 2:15 mark if you must…)

If I had written a story like AIG and the beyond-comprehension inconceivable shamelessness in a creative writing class, I would have been criticized for being contrive, buying into the archetype, for catering to cliches. This is real life! In one’s wildest creative dream, one would never have been able to conjure up a character such as Sarah Palin. I wonder whether people on SNL should consider voting for Republican this time to make sure that Palin stays in the limelight for four more years. With her in the White House, they can probably get rid of half of their writing staff and simply replay whatever is going on in real life.

I am beyond outraged. I am actually for once, speechless.