whoops, i got caught again! (AIG Top Execs Caught on Tape in another resort)

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Another AIG Resort "Junket": Top Execs Caught on Tape

KNXV Discovers $343,000 Secret Gathering, AIG Signs and Logos Hidden

By BRIAN ROSS and JOSEPH RHEE
November 10, 2008

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Even as the company was pleading the federal government for another $40 billion dollars in loans, AIG sent top executives to a secret gathering at a luxury resort in Phoenix last week.

Brian Ross investigates the insurance giant's "seminar" at a posh resort.

Reporters for abc15.com (KNXV) caught the AIG executives on hidden cameras poolside and leaving the spa at the Pointe Hilton Squaw Peak Resort, despite apparent efforts by the company to disguise its involvement.

"AIG made significant efforts to disguise the conference, making sure there were no AIG logos or signs anywhere on the property," KNXV reported.

(click here to see the full KNXV report)

A hotel employee told KNXV reporter Josh Bernstein, "We can't even say the word [AIG]."

A company spokesperson, Nick Ashooh, confirmed AIG instructed the hotel to make sure there were no AIG signs or mention of the company by staff.

"We're trying to avoid confrontation, keep our profile low," said Ashooh. "Some of our employees have been harassed."

Click here to read AIG's full response.

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