Posts Tagged ‘hilton’

AIG Now Caught on the Taxpayers Dime . . . Again

Next time the federal government bails out the big business morons, they really need to attach some strings and some consequences.  It is absolutely ridiculous what the ABC15 reporters found. At first glance, the 2008 Asset Management Conference held this week at the Pointe Hilton Squaw Peak Resort in Phoenix looked like a normal conference. However, the people who went to it were less than ordinary.  American International Group made efforts to disguise the conference, and there were no AIG logos or signs anywhere on the property (they were a $343,000 sponsor of the event which was not allowed under the bailout rules). The ABC15 Investigators went undercover at the resort and observed AIG executives having poolside meetings while drinking coffee and working out at the spa while other attendees were in conference rooms for seminars.  The executives were also seen at after parties drinking it up and having AIG pick up the tab (ie the taxpayers).  I wonder what else we picked up the tab for: taxi trips, travel insurance, room service? The hotel staff were told they weren’t even allowed to say AIG.

This, of course, comes on the heels of them getting another $40 million (or is it billion?) of taxpayer money to bail them out.  Yeah, I think we need to take the blank check away.  How about you? Obviously, AIG doesn’t get it.

BlogWorld – Day 1 Evening

I left BlogWorld and hopped onto the monorail to get back to my hotel. Having been to Vegas two times before, I was excited to ride the monorail. It wasn’t here my two prior visits. You still end up doing a ton of walking, but it definitely does help to get around. The monorail dropped me off at the Hilton. I then walked to my hotel.

Actually, my hotel wasn’t really a hotel at all. Instead, it is a Hilton timeshare. What is a timeshare? Basically, what I did was to rent condos for the 3 nights I was there (actually make that 1 condo for all three nights). Bill and I did not buy a condo. We just borrowed my inlaws. I do think you can buy these as condos for sale. I know this is super confusing. However, since we don’t belong to this, I have a very limited understanding of it. The room was gorgeous. I love staying in places that are better than my house. I had a king size bed for all of me. It was great. Since there was only me staying there, I only got the studio. However, if Bill would have come with, I definitely would have gotten the 1 bedroom. Otherwise, we would have been on top of each other and driving one another bananas.

Once I got settled, I met up with several other bloggers for dinner at a German place there. Anybody who was with — please let me know the name. Bill has been to Germany, and I would love to see if he went there or not. However, I do not know the name of the place. I took a couple of pictures. For some reason, a lot of pictures turned out really dark, so bear with me.

I forgot to take a picture of the beer. It was huge (like a liter of beer). Dinner took forever, but it was good and fun to meet up with everyone!

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