Dana Point, California - If you were a stressed out executive who had just been saved by an $85 billion bail-out paid for by your fellow citizens where would you spend your next retreat? Would you go for an Econo Lodge in Newark? The executives of AIG chose the St Regis Monarch Beach Hotel in Dana Point, California. The Hotel offers 172 acres with a Tuscan theme, great slabs of marble and an extensive collection of modern art. There are 400 rooms, the smallest of them measuring out at 535 square feet. Room rates range from $485 to $1,485 per night. There's a first class golf course, high end spa and an award winning restaurant. The hotel has a five diamond AAA rating and seems well liked by most travellers reporting on Tripadvisor. AIG spent $440,000 for a few days of wining and dining at Monarch Beach. Here's the full story from David Lazarus in the LA Times. Next week AIG is hosting another get together at the Ritz Carlton at Half Moon Bay.