Saturday, October 11, 2008

AIG Spa Services in the Headlines




Spa Services in the Headlines – But in an Unexpected Way.
by Susie Ellis, SpaFinder, Insider

Washington Post, “AIG Spa Trip Fuels Fury on Hill”
MSNBC, “White House calls AIG Spa Trip “Despicable”

Normally I would be applauding anyone going to a spa. But in this case, I am as outraged as everyone else!

By now most people have probably heard that 70 corporate executives of AIG, American International Group, Inc. went on a retreat to the St. Regis Resort in Monarch Beach, California just a week after the $85 billion government (that would be us taxpayers) bailout. AIG spent $440,000 in total. $23,380 of that was for spa services.

I did a little research and a bit of math. It looks like each executive was responsible for spending about $6285 and $330 of that was for spa services. At Spa Gaucin, which is the name of the spa at Monarch Beach, you can get a 60 minute Therapeutic Massage for $185 or a 90 minute one for $275. You can get a Coastal Stone Massage for 60 minutes at $190 or for 90 minutes at $285. Manicures are anywhere between $35 – $70 and pedicures are from $60 – $90.

rest of article here