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Citigroup Drops $50M on Fancy Corporate Jet

... After taking $45B in federal bailout funds, fumes indignant Post

By Kevin Spak, Newser Staff

Posted Jan 26, 2009 12:26 PM CST

(Newser) – Citigroup may be going down in flames, but at least the seats will be nice. Citigroup is buying a brand-new $50 million corporate jet, the New York Post reports, headlining the sale, “JUST PLANE DESPICABLE,” on account of the $45 billion the company... Read full story »

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Citigroup Drops $50M on Fancy Corporate Jet

... After taking $45B in federal bailout funds, fumes indignant Post

Citigroup • New York Post • luxury travel • corporate governance • bailout • private jet • financial crisis • recession depression

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Team Obama Nixes Citi's Private Jet Buy

Treasury tells bailed-out bank to ditch $50M plane

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Feinberg to review compensation for top 25 executives

Citigroup to Repay $20B in TARP Loans

Will issue $17B in common stock to meet capital requirements

New AIG CEO's Salary: $7M

Figure makes a mockery of government's 'populist image': blogger

US May Avoid More Bailouts by Trading Loans for Equity

Conversion could stretch bailout fund by $100 billion

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