Associated Press
Citigroup-Mets deal appears to be on
Citigroup Inc. received $45 billion in federal bailout aid in 2008 and stated it planned to cut 53,000 jobs worldwide.
"Citi signed a legally binding agreement with the New York Mets in 2006," the company said in a statement, adding that none of the bailout money will be used for Citi Field. Yeah, right.
"At Citigroup, 50,000 people will lose their jobs. Yet in the boardroom of Citigroup, spending $400 million to put a name on stadium seems like a good idea," said Rep. Dennis Kucinich, an Ohio Democrat. Kucinich and Rep. Ted Poe, a Texas Republican, made their pitch in a letter to Department of the Treasury Secretary Timothy Geithner.










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