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 Post subject: Obama administration scolds Citigroup
PostPosted: Thu Jan 29, 2009 10:38 am 
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The Obama administration knows how to use the bully pulpit.

A Treasury Department official on Monday called Citigroup, which has received $45 billion in bailout capital from the government, to protest plans to accept delivery on a luxurious $50 million corporate jet made in France.

The New York Post reported on the plan under the headline, “JUST PLANE DESPICABLE.”

President Obama has said he will demand more accountability from recipients of bailout funds, and Citigroup now is finding out what that means.

The Treasury official called the bank to complain and told the executive to find a solution. Among the possibilities would be selling or leasing the fancy flier, since there are penalties associated with killing the contract outright.

In any case, the administration does not want the plane put in service under the Citigroup banner.


http://www.politico.com/news/stories/0109/18015.html

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 Post subject: Re: Obama administration scolds Citigroup
PostPosted: Sun Feb 01, 2009 7:21 pm 
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HERE'S SOME MORE "PLANE" DISPICABLE SHIT FROM CITIGROUP! :evil:

CITI'S SKY-HIGH ARROGANCE COMPANY JET FOR MOGUL'S LUXE HOLIDAY

Just weeks after Citigroup averted total collapse with a $45 billion shot in the arm of taxpayer cash, the bank jetted its former CEO and his family on one of its corporate jets to a posh Mexican resort for New Year's, The Post has learned.

Sandy Weill, 75, hopped aboard the tanking bank's Bombardier BD 700 Global Express on Dec. 26 with his wife, Joan, daughter Jessica, her husband and their children. They flew from Westchester County Airport to the Los Cabos shore region in sunny Baja, according to aviation records and sources familiar with the trip.

The holiday jaunt came the same week that Citigroup - which lost $28.2 billion over the last five quarters and cut 75,000 jobs globally in 2008 - agreed to curtail runaway corporate expenses as part of a deal to get the massive influx of federal money.

The new belt-tightening policy went into effect on Dec. 31, while the jet was parked at the Los Cabos airport.

The family stayed through Jan. 3 at the ultra-expensive One & Only Palmilla in San José del Cabo - where a four-bedroom suite costs $12,000 a night. It's the same beachfront resort favored by high-wattage stars like Jennifer Aniston and John Travolta and is where Eli Manning got married in April.


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 Post subject: Re: Obama administration scolds Citigroup
PostPosted: Mon Feb 02, 2009 5:01 pm 
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Give me a cool million and I'll gladly absorb a public scolding from hundreds of miles away.


This is life for the real guy:
1) Agent fractures his hip 365 days after agents threaten to discuss some political insights he supposedly wrote on a fitness chat board.

2) Real guy receives maximum settlement from the meanest insurance settlement company within a few minutes of negotiations. They did not want to go to court. Real guy wanted to so he could discuss the agent who fractured his hip 365 days after receiving threats.

3) Real guy does some home remodeling and buys a couple gold coins with his insurance settlement.

4) Real guys neighbor is a government informant who learns of the couple gold coins.

5) Real guy listens to agent tell him the couple coins makes it worth a visit from the IRS because real guy buys crap on the internet and agent says that is taxable. Agent says this after John Birch meeting, the first meeting that real guy had attended. Agents are absolutely evrywhere in real guys life.

6) Neighbor (informant) keeps calling real guy and saying he needs to use his printer because his own printer no longer works. Informants printer always goes down on Friday nights.

7) Real guy grosses about a grand/month after closing photography business. That is about poverty, even for single people.

Good times in the USA for real guy.

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