The Capital for 11/11/08: AIG And Paulson Are Laughing Away With Our Money

(Photo from newsimg.bbc.co.uk)

Disgusting revelations from yesterday (but our kind, considerate, TV media won't even get into this at all like the newspapers or the websites will).

This morning, we learned that AIG received yet another $150 billion handout.
And this afternoon, we learn that last week -- last week, people! -- AIG sent its top executives to a "secret gathering" at a posh luxury resort in Phoenix:

Even as the company was pleading the federal government for another $40 billion dollars in loans, AIG sent top executives to a secret gathering at a luxury resort in Phoenix last week.

Reporters for abc15.com (KNXV) caught the AIG executives on hidden cameras poolside and leaving the spa at the Pointe Hilton Squaw Peak Resort, despite apparent efforts by the company to disguise its involvement.

"AIG made significant efforts to disguise the conference, making sure there were no AIG logos or signs anywhere on the property," KNXV reported.

It's leads to European financial expert Jerome a Paris to ask this question in this insightful post:

Can Obama stop the looting before it's too late?

You sure as hell know the Cheney Administration won't stop it.