Tuesday, January 27, 2009

Zero Shame

Citibank, the company we have lent $45 billion to and whose $306 billion in bad investments we have backstopped, will be taking possession of a $50,000,000 jet to ferry its leaders.

If each commercial flight cost $2,500, the leaders could take 20,000 flights for the initial cost of this plane. Then, add in the costs of running this plane - pilot, fuel, airport fees, etc. - and maybe you want to sell your stock in Citibank.

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