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Posts Tagged "bank bailout"

I Want to Have Citibanks Spare Chump Change

Jan 28 2009
Filed In: Economy, President Obama, Year 2009

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. The bank used TARP funds to purchase a new corporate jet for executives. The decision came 24 hours after the banking giant, which was rescued by a $45 [...]

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Tags: bank bailout, Year 2009

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