Tax Payer Dollars Fueling Lavish Executive Junkets

February 27, 2009
    Business trip, or Junket?
    Tax Payer Dollars Fueling Lavish Business Trips And Executive Junkets

What’s the difference between a business event and a party? That may sound like a setup for a joke, but for Corporate America, it is a serious question without a clear answer. Many companies are…
Corporate-travel backlash has industry worried

Seattle Times
With criticism of pricey corporate events spurring hotel and resort cancellations, travel industry leaders are encouraging companies to keep spending on travel and offered guidelines they hope will prevent a…
Junkets once considered lavish are now embarrassing
International Herald Tribune
: What’s the difference between a business event and a party? That may sound like a setup for a joke, but for businesses around the world, it is a serious question without a clear answer. Many…

GEOFF SCHUMACHER: Wall Street welfare
Review Journal
In the 1960s, tabloid newspaper editors discovered a great new way to build circulation: the “welfare queen” exposé. Reporters had a field day tracking down welfare recipients who were defrauding the…
Travel group urges companies to keep spending

MSNBC NEW YORK – With criticism of pricey corporate events spurring hotel and resort cancellations, travel industry leaders on Monday encouraged companies to keep spending on travel and offered guidelines they hope…

Obama draws ire over Vegas junket criticism
Review Journal In late October then-candidate Barack Obama told an audience of 18,000 people in Las Vegas he wanted to help, “not just the folks who own casinos but the folks who are serving in casinos.” Now President Obama…

The Examiner Comments NEW YORK (Map, News) – With criticism of pricey corporate events spurring hotel and resort cancellations, travel industry leaders on Monday encouraged companies to keep spending on travel and offered… Sin City worries its image hurts business travel
The Miami Herald

LAS VEGAS — Sin City is worried that its well-honed style is crimping its business. Born of carefully crafted slogans – “What happens here stays here” – and smiling, sequined showgirls, the image of a 24-hour…
Las Vegas hotel owners say lawmakers’ slams of corporate travel will hurt business
Asbury Park Press

Las Vegas Sands Corp. and Wynn Resorts Ltd. joined hoteliers in lambasting U.S. lawmakers’ criticism of corporate travel, saying hundreds of thousands of jobs are in jeopardy. President Barack Obama’s warning…
JOHN L. SMITH: For Las Vegas, the only thing to fear is an assault on …
Review Journal

This is an outrage. This is an abomination. This is downright un-American, even. What is this grave transgression against all that is sacred? It’s the recent cancellation of the Wells Fargo & Co. junkets to the…
Wells ad slams press accounts on junkets as “nonsense”

NEW YORK (Reuters) – After canceling employee outings last week in the face of public indignation over lavish ways on Wall Street, Wells Fargo & Co. went on the offensive in a full-age advertisement in…
Wells Fargo CEO defends events honoring top workers

John Stumpf, chief executive officer of Wells Fargo & Co., defended corporate events that recognize top achievers after the bank canceled at least two because of what he said was “misleading” news coverage. In…

Source:

http://article.wn.com/view/2009/02/04/BailedOut_Bank_Nixes_Lavish_Vegas_Junket/

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