Quote Originally Posted by SLOWR/T
Well look at the bigger picture. Parties like this dont just spring up, they are planned. There was only 10 AIG exc. there. They were meeting with clients and poiental clients. So if they spend 400K but if they get return business or new business then by all means spend the money. Remember you have to spend it to make it.

It was a bad PR move, and to throw a 2nd party in the middle of a bunch of bad PR makes them look arrogant, and uncaring towards their financial crisis. Regardless of what money they used, the public will perceive them as partying on the bailout money.