Old (expensive) habits die hard

26 Jan

 

The new Dassault Falcon 7X which was purchased by Citi

The new Dassault Falcon 7X which was purchased by Citi

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.

One Response to “Old (expensive) habits die hard”

  1. Ivan Klugman May 28, 2009 at 1:47 am #

    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.

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