AIG Blog Relations Responds to AIG Spa Retreat on the Backside of Japan

I wrote AIG Spa Retreat on the Backside of Japan.

AIG replied in the comments to that blog with -

“Earlier today, AIG announced an important policy change – one that we wanted to be sure you knew about.

A short time ago, our Chairman and CEO Ed Liddy said that he has ordered the immediate cancellation of all outside meetings, conferences, and recognition events across AIG, except those that are required by law or that are deemed absolutely critical to sustain our ongoing business needs.

Given AIG’s commitment to our customers, business partners, regulators, and American taxpayers, coupled with the new and very different challenges our company now faces, we take these responsibilities extremely seriously. Their trust is critical to our success. We recognize the need to be sensitive about all company expenditures.

As we move forward, we will continue our focus our efforts to pay back the $85 billion loan from the Federal Reserve Bank of New York as quickly as possible.

We appreciate your blog’s efforts to share this information with your readers.

Best,

AIG Blog Relations”

But, what I want to know now is – will AIG give the $440,000 back that was so wastefully spent?

It’s pretty easy to say “We won’t do that anymore?” But, how will you make it right?