From Consumerist, a blog I read daily:
"Yesterday, we wrote that Citigroup had decided to spend $50 million of its bailout money on a French luxury jet to ferry execs around town. The White House was not pleased about this.
According to CNN, a Treasury department official informed Citigroup that such a purchase was 'unacceptable.' According to White House Press Secretary Robert Gibbs, President Obama told Citigroup executives to 'fix it,' noting that buying a new jet was probably not 'the best use of money at this point.'
After refusing to respond to requests for comment yesterday, Citigroup released a statement saying they have 'no intent to take delivery of any new aircraft.' "
Gasp! Could this possibly mean we have a government that intends to require us to adopt a sense of personal responsibility?
This story was also confirmed by the Boston Herald.
