Citigroup, which was bailed out by the government last fall to the tune of $45 billion, is continuing on with its purchase of a new, $50 million corporate jet, according to the Post, which calls it "JUST PLANE DESPICABLE." Sure, the banking giant announced it would cut up to 50,000 jobs and posted a staggering $8.29 billion loss last quarter, but executives need to get places faster, you know? But only up to 12 executives, because that's all the Dassault Falcon 7X seats. A source tells the Post that "It's not uncommon for large companies to pay a deposit on a new plane then cancel the order before delivery," so when the Post asked the head of CitiFlight about the 7X, he said, "Why should I help you when what you write will be used to the detriment of our company?" Citi is trying to sell its older Dassault jets.
Citi Goes Ahead With Buying $50 Million Wings
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