Citi execs decided to give the American taxpayers a slap in the face as they announced that their company, which was bailed out by the US government with $45 billion, will buy a new plush private jet costing $50 million, the Huffington Post reports.
Now this is a case which exposes the crass ignorance of some executives who fail to assign value and meaning to their decisions. Stupid.
Business Jets are business tools they are not luxe transport for the elite. Busness Jets provide cost effective transportation to corporate excutives allowing them to remain in contact and productive enroute. Business Jets provide millions of jobs to alot of little guys as well.