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Ethics
by leon on February 2, 2009
Citigroup has been in all sorts of strife since receivign a taxpayer funded $45 billion cash injection to keep the wolves from the door.
At the end of last month, the world's biggest bank had to drop plans to buy a $50 million corporate jet following criticism all around, including questions raised by President Obama.
The it got into trouble over lending its name to a new stadium for the New York Mets baseball team.
And now, we have reports that its former chief executive officer Sandy Weill used a corporate jet to travel to a swish Mexican resort. The jaunt comes after Citigroup lost billions of dollars and cut 75,000 jobs.
These people are a breed apart.
Permalink: Citigroup greed
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