$400,000 Retreat for AIG at Taxpayers' Expense

Target:

AIG Executives

Sponsored by:

American International Group Inc. (AIG) received $85 billion from the federal government to prevent them from going bankrupt. Where did this money go?

Days after the bailout, AIG spent $440,000 on a luxurious retreat for its executives--a retreat complete with spa treatments, banquets and golf outings.

In this time of economic crisis, many American taxpayers are struggling to afford the rising costs of food, healthcare, and housing. And yet, our taxes are being used to pay for spa treatments and golf outings for greedy corporate executives?

Tell AIG executives that we will not pay for their lifestyles of excess, when millions of Americans cannot afford basic necessities.

Demand that they pay back the treasury $440,000 to cover the cost of the retreat and that they work towards repaying American taxpayers the 85 billion dollars that kept them from going under.

American International Group Inc. (AIG) received $85 billion from the federal government to prevent them from going bankrupt. Where did this money go?

Days after the bailout, AIG spent $440,000 on a luxurious retreat for its executives--a retreat complete with spa treatments, banquets and golf outings.

Tell AIG executives that we will not pay for their lifestyles of excess, when millions of Americans cannot afford basic necessities.

Demand that they pay back the treasury $440,000 to cover the cost of the retreat and that they work towards repaying American taxpayers the 85 billion dollars that kept them from going under.

Dear AIG executives,

Your company received $85 billion from the federal government to prevent you from going bankrupt. This money is paid for by hardworking taxpayers, and we do not like that you used some of this money on a luxurious retreat--complete with spa treatments, banquets, and golf outings.

American taxpayers are struggling to afford the rising costs of food, health care, and housing. We will not agree to pay for your lifestyle of excess when millions of Americans cannot afford basic necessities.

Please pay back the treasury $440,000 to cover the cost of the retreat and please work to pay back American taxpayers the $85 billion that kept you from going under.

Thank you for your time.

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We signed the "$400,000 Retreat for AIG at Taxpayers' Expense" petition!

# 154:

9:21 am PDT, Sep 28, Kay Wood, Georgia

# 153:

8:48 pm PDT, Jun 17, Julia Tawyea', Pennsylvania

# 152:

1:59 pm PDT, Mar 27, Karissa Snow, Washington
I do not want my tax dollars funding vacation time for greedy executives! Although AIG is not legally responsible to stop wasting money on behalf of all tax payers, it is morally and ethically responsible. Do the right thing. Stop being greedy, America knows what the truth is. We know that you know it's not ethically right, so just stop it!

# 151:

7:06 am PDT, Mar 26, David N Moore, Connecticut

# 150:

8:51 am PDT, Mar 24, STEVEN MABES, Virginia
AIG SUCKS, WE SHOULD HAVE LET THEM GO UNDER. CORPORATIONS ARE EVIL. TAX PAYERS ARE FUNDING BONUSES, RETREATS, VACATIONS AND MORE FOR THE VERY PEOPLE THAT BANKRUPTED OUR COUNTRY. ACCOUNTABILITY. WHAT HAPPENED TO THAT? AIG SHOULD GIVE ALL BAILOUT MONEY BACK TO THE PEOPLE.

# 149:

5:12 am PDT, Mar 19, Name not displayed, Florida

# 148:

6:56 pm PDT, Mar 18, Annie De Groot, Rhode Island
I am outraged!

# 147:

7:14 am PDT, Mar 18, Name not displayed, Illinois
I am outraged at this, and the fact that AIG paid out bonuses at a price just 5 Billion dollars under what they received in stimulus money! How is that everyone else in America understands taking a pay cut, or being laid off for poor performance in the industries, yet these guys who clearly don't know how to run a bank can still get a bonus which is supposed to be a pat on the back for a good job. How do I get a job with AIG? I can run things real good maybe I can get that other 5 Billion as a bonus?

# 146:

2:29 am PDT, Mar 18, Steve Klein, Canada

# 145:

5:30 pm PDT, Mar 17, Dietrich Falkenthal, Massachusetts

# 144:

11:50 am PDT, Mar 17, Bryan Mumford, Oregon
I'm only 18 years old. Im trying to move out with my big brother and when tax's come out of my checks to fund middle-aged, greedy executives, it makes me feel horrible about our governmental system and our nation as a whole. If we can't stop a few high-payed execs from taking bailout money to splurge on themselves who can we stop? I mean really...

# 142:

6:03 pm PDT, Mar 16, Name not displayed, Pennsylvania
AIG executives should share a jail cell with Madoff

# 141:

1:23 pm PDT, Mar 16, Kris Wirth, Idaho
burn aig

# 140:

11:55 am PDT, Mar 16, Dean Farley, Nevada
Getting a bail out then going on retreat....then offering a bouses to top execs.....NO

# 139:

10:06 am PDT, Mar 16, Name not displayed, Tennessee

# 138:

9:28 am PDT, Mar 16, Arthur Kettner, Ohio

# 137:

6:42 am PDT, Mar 16, Katie Baxter, Texas
AIG should have never been bailed out to begin with!

# 136:

4:08 am PDT, Mar 16, Andrew DeLivron, New York
AIG as a company you are irresponsible. No way will I purchase products from your company. Andrew deLivron

# 135:

5:44 pm PDT, Mar 15, Adam Meyers, Indiana
These bonuses and packages make me sick! These people are not Americans. They are enemies of America! Yeah, I said it! If you are an AIG employee and you made money off me for failing, than may God have mercy on your soul.

# 134:

1:16 am PDT, Mar 15, Mark Turner, California
I truly do not understand how AIG can take 170 Billion dollars from Uncle Sam only to repay the favor by spending $440,000 on their incompetent executives retreat then another $165 Million on bonuses. Does anybody know where I can send my resume to get a job at AIG? I sure would appreciate it, especially since I just lost my job due to the failing economy.

# 133:

9:31 pm PDT, Mar 13, Leslie Dominguez, Texas

# 132:

1:21 am PST, Feb 19, Lynda Harding, United Kingdom

# 131:

4:12 pm PST, Feb 1, Emma Frandsen, California

# 130:

11:42 pm PST, Dec 29, Name not displayed, Georgia
Sickening! Give back the money, you arrogant, elitist, thieves.

# 129:

5:00 pm PST, Dec 29, Sandy Valencour, Washington
We want every dime back as well as the interest. This is what we would have to do. They slapped us across the face, not once, but twice. The hell with them, they need to go under. CEO's should never make more than the POTUS as they aren't that important as we have all seen and as they have proven to us. What did they do to prevent this mess??? Took their money and begged for more. They didn't even put it back into their companies or try to help their employees save jobs. Jerks

# 128:

7:57 pm PST, Dec 28, Jennifer Gardner, Florida

# 127:

10:27 am PST, Dec 9, Russell Barton, New York
I can not see any reason that AIG should be allowed to waste money when we are bailing them out.

# 126:

6:14 am PST, Nov 28, Necole Cook, Virginia

# 125:

8:51 pm PST, Nov 17, William Duff, Florida

# 124:

8:30 pm PST, Nov 12, E. Helmuth, Washington
They need to be put in jail.

# 123:

7:35 pm PST, Nov 10, Jim Stewart, Washington
Please prosecute if possible

# 121:

7:33 pm PST, Nov 9, Louise Edwinson, Washington
Pay the money back. Fire the people that allowed this spending.

# 120:

5:31 pm PST, Nov 8, Dave Luckens, Kentucky
I'LL never forget the meek reactionary sen shelby from alabama 'umbly reminding jp morgan stanley execs that 29 billion was "a lot of money" when he agreed to the bear strearns bailout last march,and then voting against sen bill 1664 which would have provided relief to actual homeowners.likewise,the president's behavior on the subsequent general bailout of the whole shadow banking system pretty much resembled the guy who makes the ransom demands over the phone."if youse wanna see yore economy alive agin youse better stuff 700 billion into the sachs and leave 'em behind the applebees in shadowbrook center." the aig situation speaks for its self.those execs must be absolutely sure they have the system gamed perfectly to pull a stunt like the one described above.this forum does not provide space to describe how bailouts are handled in europe-check it out on the internet-rules,regs,oversight-all the stuff our corporate pirates treat like kryptonite-our bailouts are rather delicious-i don't see how the grocer keeps it on the shelf-so tell mom when she goes shopping to bring home a mess of that bail out."

# 119:

7:19 am PST, Nov 2, Camille Hackett, New York

# 118:

7:57 am PDT, Oct 27, Name not displayed, Arizona
Pay back my taxpayer dollars you greedy scum. How is this allowed? All these executives should have their picture posted on the 5 oclock news showing the public where their tax dollars are going to.

# 117:

1:06 pm PDT, Oct 23, Marcia Dobbs, Wisconsin

# 116:

1:27 am PDT, Oct 21, Can Atik, Turkey

# 115:

10:15 pm PDT, Oct 20, Karen Provda, New York
Whoever went should have to pay it back!

# 114:

6:53 am PDT, Oct 20, Freddie Geisler, Florida

# 113:

8:52 pm PDT, Oct 19, Fawad Kazmi, Arizona
I dont want any of my taxes going towards a vacation for some company that screwed up the economy.

# 112:

7:58 pm PDT, Oct 18, Name not displayed, Pennsylvania
Taxpayers should not pay for AIG or any other fat cat's vacations. Give me justice. Give me freedom. Don't take away my freedom to spend my own hard earned money by taking it from me in the form of a tax to the big and getting-much-more-socialistic government. Do you think that you, policy makers know better how to spend my money? Who gave you the right to spend my money? Please don't be wasteful. Tighten your own belts.

# 111:

8:47 am PDT, Oct 18, Sandy Charette, Massachusetts
First of all it is ridiculous to think these failing executives deserve any rewards, however it will be the ultimate disgrace for our leaders in Washington if they do not retrieve these funds. They must pay back this money immediately. We are as mad as hell and not going to take it any more!

# 110:

3:44 pm PDT, Oct 17, Joseph Bessolo, California
I do not want to see my hard earned Tax Dollars, going to this form of Corporate Theft. I would also like to see these executives face criminal charges for defrauding the Govrnment. Sincerely, Joseph Bessolo

# 109:

1:58 pm PDT, Oct 17, Myriam Tapia, Texas

# 108:

2:40 pm PDT, Oct 16, Mary Hogan, Iowa

# 107:

1:32 pm PDT, Oct 16, Dalia Hettfield, California

# 106:

1:12 pm PDT, Oct 16, Jeffrey Krouse, Pennsylvania

# 105:

5:03 am PDT, Oct 16, Name not displayed, Philippines

# 104:

3:37 pm PDT, Oct 15, Diane Nauman, Florida
Every dime that went to AIG bailout needs to be reimbursed to the taxpayers! Please assign someone to watchdog this action!

# 103:

11:33 am PDT, Oct 15, Name not displayed, Pennsylvania
Why is an insurance company being bailed out anyways. For the economy to be going through this crisis, and the middle class tax payer not even being able to go to local lake for a vacation, it's so incredibly repulsive that AIG would take tax payer money to go on a vacation. PAY BACK THE MONEY, ALL OF IT, YOU'VE PROVEN YOUR ABILITY TO HANDLE MONEY. insurance is one of the largest scams in america, and now, there is another prime example of the rich living off the backs of the struggling middle class who are being taxed to death

# 102:

7:57 am PDT, Oct 15, Nancy Ream, Iowa
I am outraged!

# 101:

7:43 am PDT, Oct 15, Glena Spurgeon, Oklahoma

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