Another Scandalous Junket for AIG
The news just gets worse and worse for AIG. A day after the insurance giant asked for another $40 billion in government aid, it was revealed that the company sent execs on yet another lavish trip to a Phoenix resort last week and tried to conceal its role in sponsoring the event. Resist the urge to get angry: Most of the attendees will probably be unemployed in a few weeks. As for senior management, they'd be well-advised to get in as much pool and spa time now, since as far as we know even the most luxurious minimum-security prisons don't have them. [ABC News]