Posted tagged ‘jet’

Citigroup’s New Luxury Jet

January 27, 2009

Bailed Out Citigroup Buying a $50 Million Luxury 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.

Even though the bank’s stock is as cheap as a gallon of gas and it’s burning through a $45 billion taxpayer-funded rescue, the airhead execs pushed through the purchase of a new Dassault Falcon 7X, according to a source familiar with the deal.

Continue reading…

How much more of thisĀ are we going to take?