Thursday, October 9, 2008

they may be titans of industry, but they flunked public perception 101

AIG executives spent $440,000 on a retreat at a posh resort a week after the federal government’s $85 billion bailout of the insurer. Manicures were among the expenses. The reasons for this: Top execs wanted their hands to look their best, a) while holding them out for taxpayer money, and b) while holding them up before testifying before Congress.


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