Tuesday, April 7, 2009

Bankruptcy Party

The show I was listening to this morning on the radio was discussing the fact that less than a week after the federal government gave AIG $85 million to bail the company out of its financial difficulties, the company sent its executives on a retreat to a posh California resort. The total tab for the retreat cost the company approximately $440,000.

The DJ on the radio show asked callers what they would do with $440,000. Most of the callers talked about paying off debt or buying a new car or house. One guy called in and asked if the DJ thought he could buy the Kansas City Chiefs for that amount. The DJ said that the guy probably could, but why would he want to, even for that amount.

I think that caller is just stupid. I mean, it’s $440,000! He could probably negotiate and get the Kansas City Chiefs and the St. Louis Rams for that price. Idiot!

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