AIG execs hold yet another chic seminar at classy resort

Author: markw  //  Category: Finance

The Arizona Republic
AIG hosts $343,000 conference
Days before American International Group received its latest government bailout on Monday, the troubled insurer hosted a $343,000 conference for independent financial planners at the Pointe Hilton Squaw Peak resort in Phoenix. The company said sponsors picked up roughly 93 percent of the tab for the Nov. 5-7 conference, but the spending still drew the ire of a member of Congress and raised questions about how AIG should be operating when it is under such intense scrutiny. The Phoenix conference was at least the second time since September the company was involved in a six-figure event at a resort. More

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