How AIG Spends Its Money: Resort stays and political support

By Ken Silverstein

Earlier this month, AIG executives headed to a luxury spa in California to decompress after the company received an $85 billion federal bailout.

How else does AIG spend its money? Well, federal disclosure forms show that the company set aside $750,000 to pay for the Republican convention in Minneapolis and another $750,000 to underwrite the Democratic convention in Denver.

The spirit of bipartisanship all around.