corporations: Bailing Out Corporate Vacations?
- 02/06/09 12:58 AM
Wells Fargo appears not to have a conscience. After we taxpayers gave them $85 billion in bailout money, the company planned a 12-night junket to Las Vegas to "thank" its emloyees for a job well done. The junket was canceled when lawmakers criticized the lender and accused the company of misusing $25 billion in taxpayer bailout money. Melissa Murray, a spokesperson for Wells Fargo stated that the conference is a company tradition and that they never planned to use bailout funds for the trip. "It's really important that our team members are still valued and recognized," she said. I would like … (1 comments)
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Wells Fargo appears not to have a conscience. After we taxpayers gave them $85 billion in bailout money, the company planned a 12-night junket to Las Vegas to "thank" its emloyees for a job well done. The junket was canceled when lawmakers criticized the lender and accused the company of misusing $25 billion in taxpayer bailout money.
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