Wednesday, January 28, 2009

Obama Officials Tell Citibank To Ditch Plans For $50 Million Private Jet



According to a report from ABC News, President Obama is not taking kindly to corporate greed, especially when it's funded by taxpayer money.

The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corporate jet from France...

ABC News has learned that Monday officials of the Obama administration called Citigroup about the company's new $50 million corporate jet and told execs to "fix it."



On Monday, the news broke that bailed out bank was going through with its $50 million private jet purchase even though it had recieved $45 billion in government funds:

The New York Post's Jennifer Keil and Chuck Bennett reported in Monday's paper that Citigroup, which has received $45 billion in government bailout funds, is about to upgrade to a new $50 million, twelve-seat corporate jet.

The plane, the Dassault Falcon 7X, is a luxurious jet with a range of 5,950 nautical miles (meaning it can fly from New York to all of Europe and South America, as far east as Riyadh, and as far west as Honolulu or Petropavlovsk, Russia). The Post reports it has "plush interior with leather seats, sofas and a customizable entertainment center."


Nice huh?


Tags: Airplanes, Citi, Citi Bank Jet, Citi Bank Plane, Citi Jet, Citibank, Citibank Airplane, Citibank Buys Jet, Citibank Corporate Greed, Citibank Corporate Jet, Citibank Jet, Citibank Jet Purchase, Citibank Plane, Citibank Private Jet, Citigroup, Citigroup And Obama, Citigroup Jet, Corporate Jets, Dassault Falcon 7X, New Planes For Citibank, Obama And Corporate Greed, Obama And The Citibank Jet, Obama Citibank, Obama Citibank Jet, Obama Slams Citigroup, Obama's First 100 Days, Credit Repair va, F&I


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1 comment:

Paul said...

Obama's "changes" are not for the good. Have you heard the stuff the media DOESN'T cover!? There is so much stuff the media doesn't cover because almost every news network out there is run by liberals. Obama voted FOR abortion AFTER the baby is born for up to 2 weeks! You think this is right?! Were talking about killing babies here... BABIES! But you didn't hear this on the news, no. All you here on the news is what some lady sold on E-bay or what a great guy Obama, not that he voted for killing babies, or radio censorship, which is aimed at eliminating conservative talk shows! This is right out of the Constitution, our right to freedom of speech, and one of the means of this is being yanked away from us! And again, did you hear anything about this on the news.... NO! And have you heard about his "interigation" policy?! Americans are not allowed to offend anyone while interigating them, even if they are convicted terrorists! Under Obama, we have to treat terrorists better that we treat ourselves, TERRORISTS! I could go on and on, but I suggest you research your facts before voting, or even starting topic on blogs.

Visit the NEW Obama Leadership Store!

Visit the NEW Obama Leadership Store!