Greed knows no bounds, feels no shame. Sociopathic, to the core. [In 2008, AIG received $85 billion from American taxpayers on top of the funds made available from the TARP program. Less than a week later, a bunch of AIG executives went on a “retreat” to the luxurious St. Regis Resort in Monarch Beach, Calif., where they ran up a bill of almost a half-million dollars, including $150,000 for meals and $23,000 in spa charges. Now, with Wall Street employees pocketing average cash bonuses of $121,900 — while most families’ incomes stagnate — Benmosche thinks the public should have more sympathy for the plight of these good people. “They’re all scared,” he told the Journal. “They [had made] good livings. They probably lived beyond their means. We wouldn’t be here today had they not stayed and accepted … dramatically reduced pay…It is a shame we put them through that.” One can almost hear the sad strains of a violin playing softly in the background.]
Posted on: Thu, 26 Sep 2013 16:12:16 +0000
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