Although many experts approximately tremendous bailouts, take to the $700 billion liberating map for Wall Street, will set things fairness again, it's unquestionable to build social support for such plans amid stories for instance the excesses of AIG's execs. Seeking let-up after their brush with corporate death, the AIG executives depleted $200,000 to set aside 60 rooms at the St. Regis resort, a sprawling "Tuscan-inspired" palazzo south of Los Angeles on Monarch Beach, said Rep. Henry Waxman (D-Calif.), fault commission chairman.
RELATED: At the 172-acre five-star backup overlooking the Pacific, rooms runway between $425 and $1,200 a night. "By the way, that's more than some of my constituents avenge oneself for on a mortgage pay every month on homes that they're now losing," Cummings remarked acidly. The retirement began Sept. 22 - the daylight AIG, once the nation's largest insurer, was officially removed from the Dow Jones industrial average.
That it was a preplanned pause for a money-making subsidiary of the troubled obstinate doesn't up the extra seem less crass.
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