Citigroup Plans New Exec Suite with Taxpayer Bailout Money

Bloomberg reports today that Citigroup “plans to spend about $10 million on new offices for Chief Executive Officer Vikram Pandit and his lieutenants, after the U.S. government injected $45 billion of cash into the bank.”

Citigroup claims “the project will help it save money over time.” Well that’s just fine and dandy, but let them move forward with their plans when they are solvent again instead of doing so on our dime. I’m so disgusted with all of this bailout crap…

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About Pamela Leavey

Pamela Leavey is the Editor in Chief, Owner/Publisher of The Democratic Daily as well as a freelance writer and photographer. Pamela holds a certificate in Contemporary Communications from UMass Lowell, a Journalism Certificate from UMass Amherst and a B.A. in Creative Writing and Digital Age Communications from UMass Amherst UWW.
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