Citigroup Says No To New Corporate Jet
- Wednesday, January 28, 2009, 0:39
- Economy
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A day after a New York Times report that claimed troubled Citi Group was buying a new Corporate Jet for $50 million after receiving $45 billion in federal bailout funds. Apparently Citigroup had a change of heart.
With its stock tumbling under $5 Citi says it has no plans to follow through with the French made 12 seat luxury jet.
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