It's that time again!
Ok, here's the first one, and it's kind of a WTF were they thinking.. AGAIN?!?!
I got to work this morning, and was waking up to some news when I heard this little tidbit that really got my blood boiling.
AIG, you know, the insurace GIANT who is declaring that it needs 150 BILLION dollars in order to keep from going bankrupt and taking the rest of the US economy with it, has done it again..
Last time they got bailout money, they sent corporate executives off for a golfing junket in California!
I don't know about you, but if I were teetering on the verge of bankruptcy, and I got some cash to pay off my debts, I don't think I'd use the money for a Disneyland vacation..
This time? They're still hollering for money to bail them out. And what did they do?
Corporate folks were seen going to Colorado for a conference, and while there, treated themselves to lavish spa treatments.
First, you need money so you can go play golf, and fritter away a couple million.
Next? You then run off to some conference, and get facials, massages, and waxing??
I'm no financial genius, but this sounds completely ridiculous!
I mean, in order to make capital gains, I know that you've got to get in with the companies and talk shop. I understand that.
But to then treat yourself to lavish spa treatments, and golf junkets, and whatnot really bothers me.
Impress a client with the ability to budget, and spend within your means.
If your company is going bankrupt, then don't go blowing tons of cash for a Caribbean getaway.
If you're trying to impress them, do it with your financial portfolio, and not your pocketbook.
Anyway, that's my rant for now, more to follow later today!