posted under sexy-news by Nicole-Admin

President Obama is trying to eliminate one of the main problems causing our banks to fail – greed. Citigroup had plans to get themselves a $50 million jet. After their $45 billion dollars of bailout money, they felt they owed it to themselves to get luxurious corporate jet. This jet features leather seats, sofas, and customizable entertainment center. The French-made jet has a range of 5,950 nautical miles! Once Mr. President learned of their plans to purchase it, his officials simply told Citigroup executives to “fix it”.

The company said Monday that the plane, which would be financed by selling older jets, would help reduce costs, and now claim that cancelling the jet deal would result in millions of dollars of penalties. With the way things are nowadays, politicians and shareholders have been trying to urge US Companies to cut back on all the executive perks. The country has suffered hundreds of thousands of job losses each month in this shrinking economy. In 2008 2.5 million jobs alone were lost, making it the worse eyar since 1945. Kudos to Obama for standing up! I guess the bailout is no excuse to enjoy luxuries, especially when our economy is suffering.

The world’s largest bank said earlier this week that it will split into two companies.