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Tuesday, November 11, 2008

AIG does it again - another pricey boondoggle

This is clearly an organization that doesn't have a clue. Fire the entire damned executive team and start over. For other businesses who are struggling to get through this tough economy, they trim costs. For AIG? They schedule yet another executive event for $350,000 with all the trimmings. Maybe it is necessary to get everyone together but c'mon, there's no need for spending money that they are already borrowing from taxpayers. Change needs to come at AIG immediately and no more golden parachutes as they're sent packing.

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