Published 1/27/2009
by Domenico Montanaro
at First Read
From NBC's Chuck Todd and Lisa MyersWASHINGTON -- The Treasury Department pressured Citigroup yesterday to abandon plans to buy a new corporate jet, an Obama administration official said.
Citigroup got the message and said in a statement this morning "we have no intent to take delivery of any new aircraft."The company came under criticism for its plans for a new plane because it has received federal bailout money. Several lawmakers have expressed concern about how banks have been spending...( read more )
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