So here in Phoenix it's been on the news A LOT about a seminar being held at a hotel here in Phoenix for AIG. The news has blown this W-A-Y out of proportion! They are trying to make it sound like AIG is spending A TON of money on this business seminar. When in fact AIG only spent $20,000 in total. Sponsors donated over $343,000. Each person that went to the seminar were responsible for their own room/board, transportation, registration, etc. This was a pre-approved seminar that is needed for business purposes. IT WAS NOT A LUXURY TRIP. Our public relations department has sent out press releases about this, but apparently the news media is not interested in the truth. I'm getting so tired of hearing it all! Can we move on already?!
P.S. Our CEO was on Larry King Live last night and talked openly about what has been going on. Take a minute to look at this video:
http://www.cnn.com/video/?/video/bestoftv/2008/11/12/lkl.aig.entire.cnn
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