BOND: AIG LUXURY RETREAT OUTRAGEOUS
Senator Urges Administration to Prevent Future Irresponsible, Greedy Behavior - Failed Executives Must be Held Accountable
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October 10, 2008
WASHINGTON, DC – U.S. Senator Kit Bond today criticized the failed executives at AIG for going on a luxury retreat just days after taxpayers bailed out the failing company.
“After the taxpayers were forced to bailout AIG twice it is outrageous that these same executives would spend $440,000 on a luxury retreat,” said Bond.
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