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Citigroup Spends on a New Jet
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This may trump automobile executives going to Washington, in separate private jets, to ask for corporate financial relief. Citigroup has purchased a jet:
“Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it’s the taxpayers who are getting screwed.”
link: Just Plane Despicable
Tax-payers want accountability of where the bail-out funds are going. Is there any possible sensible explanation why, in this economic climate, fifty million dollars were spent on a new just? What is the return on that investment of public funds?
Catherine Forsythe
5 Comments
Deb
January 27th, 2009
at 5:57am
I cannot believe this one. I’m a citigroup member and I’ll be changing that fact today…. seriously… this infuriates me!!! Citi you just lost a client!
The Sleepy Geek
January 27th, 2009
at 6:47am
Wow! As a Canadian I am happy we are not bailing out with that much money. That is plain rude!
system001
January 27th, 2009
at 8:16am
as far as i am concerned the banks should have been allowed to fall. then the government take control of them and all of their assets. we need to end the financial tailspin created every 20 to 30 years by greedy corporations. if we the people control the banks then companies will have to tow the line.
janine
January 27th, 2009
at 1:05pm
I want my taxpayer dollars back!!
What a load of crap!!
Scott
January 27th, 2009
at 1:38pm
Is anybody shocked anymore? Corporate greed is what rules our country. And it will never ever change. Politicians have talked forever about changing things. They do that just to get elected. Then what? More of the same. Greed is NOT good. It’s even one of the 7 deadly sins. All we can do is to do the best we can with what we have. But we should all express our concerns to our legislators even if it won’t do any good. One can hope that maybe someday things really will change.