It seems that they want to spend $120,000,000 for two new luxury planes and another $18,000,000 to make sure the planes are parked in a 'green' hangar. Naturally, they would say that TARP money is not being used.
The hangar deal is especially problematic as they'll be pushing out the current tenant of the hangar.
Tone deafness permeates this industry. Here's what the chairman of JP Morgan said recently, "When I hear the constant vilification of corporate America I personally don't understand it."
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