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┬álet them┬ámove 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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