Last month, and just days after the U.S. government stepped in to save AIG with
a $85 billion taxpayer-funded loan, the company picked up a $440,000 tab for a
week-long retreat at a posh California resort for top-performing insurance agents.
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That's in line with what I heard earlier. An competitively earned benefit for
sales agents, not a taxpayer funded party for executives. AIG has paid millions
in commissions to the same sales agents since the bailout, but I don't hear
anybody complaining about that.
Mitch.
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