After everything that's happened over the past year and half, you'd think it would be obvious to AIG and its CEO Robert Benmosche that the company probably shouldn't be using its five (yes, five) corporate jets to ferry AIG execs off on vacation. You'd be wrong. Fortunately, Benmosche and government regulators have now settled on a "Luxury Expenditure Policy," so when Benmosche diverts one of AIG's planes to stop off at his vacation home in Croatia in the future, he'll have to reimburse the company for the flight. [WSJ, Reuters]
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