A couple of quick thoughts this morning as the Dow falls faster than Sarah Palin's credibility:
Why doesn't this surprise me? Just days after the feds ponied up a cool $85 billion to stave off the creditors, it seems some of the ailing carriers execs needed to retreat and recharge. Seems some of the suits took some time off at a posh California resort to the tune of $443,000. The overworked white collars dropped more than $23,000 of that change at the spa, presumably on much-needed massages and facials.
Now I don't begrudge anyone a little time off. And I certainly don't make a habit out of bashing the "executive lifestyle." But now that I'm part of the company's majority shareholder, I have a problem with it. At best, it's some of the mind-numbingly worst PR I've ever seen. And at worst, it's the tip of the iceberg. Maybe someone should call the accountants. Unless, of course, we want to put our faith in the equally out-of-touch suits on Capitol Hill. I'm sure they'll get to the bottom of everything.
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