Monday, January 26, 2009

Citi Group Uses Our Bucks To Buy New $50 Million Jet!

And as we taxpayers bail out Citi Group, the corporate execs there decided it's time for an upgrade in their corporate jet fleet. Seems like a prudent use of funds to me, huh?

$50 million for a new corporate jet that sits 12, the Dassault Falcon 7X, is the epitome of luxury. Leather seats, a new, more quiet interior and....hey!

What the F*&K?

I guess these guys asses are too delicate to sit in plain old First Class on a commercial jet? With the limited seating and the hefty price tag, they would have to be in the air a whole long time before they will use that 4.5 million a seat plus the fuel and staff.

I have to say the idea of nationalization is seeming better and better. Corporate America has run amok and these gilded CEOs need to be tossed out on their ear without that golden parachute.
As long as these kind of narcissistic idiots are allowed to manage these failing companies, we will continue to have trouble. I would be in favor of basing their salaries on a percentage of the company profits. There might be some incentive for them to actually do something to make their company more profitable rather than fretting over super-lux jets!

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