![]() Los Angeles Times | New owners taken control of St. Regis Monarch Beach, home of 'AIG effect' USA Today The debt-laden St. Regis Monarch Beach in Southern California - where AIG executives once partied after taxpayers bailed out the insurance giant - has been ... SoCal's St. Regis resort sold to Seattle investors Seattle firm buys luxury resort Seattle property company buys infamous AIG party hotel |

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