[TigerLikesRooster]

From http://dealbook.blogs.nytimes.com/2009/01/27/citi-reverses-course-on-50-million-jet/ ,

Citi Reverses Course on $50 Million Jet

January 27, 2009, 10:20 am

Facing outrage from some lawmakers, Citigroup now says that it will not take delivery of a brand-new $50 million corporate jet.

“We have no intent to take delivery of any new aircraft,” a Citigroup spokesperson told Dealbook on Tuesday morning.

The bank, which has received hundreds of billions of dollars in government funds and guarantees, came under fire Monday after it emerged that the company was set to take delivery of a luxury corporate jet (built by the French, as it happens).

[Red in Blue PA]

These people at CITI are so tone deaf they should be shot.

The fact that this would be approved after a bailout speaks volumes as to why they are where they are today.

[Red Boots]

Facing outrage from some lawmakers, Citigroup now says that it will not take delivery of a brand-new $50 million corporate jet. “We have no intent to take delivery of any new aircraft,” a Citigroup spokesperson told Dealbook on Tuesday morning.

Boy, oh, Boy ! How'd you like to be the supplier of that jet, who delivered on a contract that you had with citibank, and just got stiffed for $50 million ?