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Bailout bank using our money to party with stars?

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Sherylcrow_l_2Who can resist the allure of knocking around L.A. the week of the Oscars and getting serenaded by the likes of Sheryl Crow, Chicago, and  Earth, Wind and Fire? If this TMZ report is true, certainly not the folks at Northern Trust, a Chicago-based bank that received $1.6 billion in government bailout money, according to the AP. After spending millions to sponsor a PGA event, the bank allegedly flew hundreds of clients and employees out to L.A., put them up in expensive hotels, and then treated them to private concerts and dinners in exclusive locations like an airport hanger.

Now, it’s one thing to watch the Hollywood revelry and find a little refuge while you and the rest of the world are grappling with an insane economic crisis. It’s quite another thing to feel like you’ve paid for other people to join the revelry! Talk about a reversal of this year’s rags-to-riches, Slumdog Millionaire, warm-fuzzy Oscar feelings. Does this put anyone else off, or am I being too sensitive?