Wells Fargo should have cancelled this "retreat" when they first took bailout money!  It made me so angry to read yesterday that a company spokesman said that this type of trip was "part of their culture"!  Well, perhaps their culture needs to change considering the sad state of our economy and our banks right now!  I work for a company that is trying to stay afloat in this recession and last year our bonuses were reduced and this year no one will get a raise that is more than 2.5%...not even enough to keep up with inflation, rising food prices, and heating costs to name a few!  It's time all of corporate America took a good hard look at what we've done to America and our people...we are a country based on greed and luxuries and it's time we made a serious adjustment in the way we do things!  I am ashamed to read about these companies cancelling these fancy business trips and retreats only after the information got leaked out to the press and on the internet!  Thousands of people have lost jobs in the banking sector and in other areas because of the sad state of affairs we're in!  

Wells Fargo can't even account for the bailout money they received. Now we know why.

If they receive ANY bailout money, it indirectly pays for these ridiculous, unearned trips. The execs should be grateful they still have their jobs & freedom after the performances they have executed over the past years.

          That is just disgusting!

We should fire these inept executives and replace them wiht forward thinking young college grads who are not locked in this failed paradigm.   Personally, as A small business owner, I am sick of this.  I intend to move my business out of the country.

Wake up Bankers, who do you think is paying for this.  If you want to have lavish parties, don't ask for money from the consumer, because that is who will be paying for your fun!

I say how dare the Wall Street banks and lenders reward themselves for what they arguably got us into with the total abandonment of reasonable lending standards and while they are accepting money from the Treasury that will become a legacy cost my grandkids will have to deal with.  Boo on the banks for writing loans to anyone who could sign their name and for the lobbying they did in Washington to get lawmakers to look the other way and hiss on the federal government relaxing the rules and for the lax manner in which the money was doled out to the banks in round one of the bailouts.  They don't have a clue where the first $350B went.  I'd like to see the bank's restructuring plans by say June 1, 09 that shows how they are going to become viable over the long run just like Congress  demanded of the car companies.  I'd like to tell them the bailout money is only a loan designed to get them over the short term and has to be paid back with interest just like the car companies.  If they fail to meet the terms of the loan or can't prove viability I want my tax money back too just like the car companies are expected to do.  And get rid of all those guys that cut the grass at their buildings and wash their office windows for not $70/hr but $120/hr and more.  The car guys took a 50% haircut on union wages, I think the non-skilled guys at the Wall Street firms should do the same.  

If no bail-out money is being used, then why do they need it?  It would work better to give that money to the people. That would stimulate the economy.

This is only helping the rich get richer!

It's a sad state of affairs when it takes a financial meltdown to bring these types of extravaganses to light.  The arrogance of thinking it's OK to do ever waste money this way just blows my mind, and it's downright criminal for companies to think it's still OK even when they are taking charity from the American taxpayer.  

It's amazing that these banks they can still party as if nothing happened and they made money. If they had made money then they wouldn't need a bailout!! Christmas is also a tradition and joyous occasion but a lot of people didn't get gifts last year either and we didn't get a bailout!