After bailout, AIG sent executives to the spa

Courtesy MSNBC.com: Business  Tue, 10/07/2008 - 19:48

 Congress sharply criticized two former CEOs of AIG on Tuesday for costing taxpayers $85 billion in a government bailout while the insurance giant's executives profited.<br /><br />NBC's Lisa Myers reports.  (Nightly News)Less than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers investigating the company's meltdown said Tuesday.



 

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