Wednesday, November 26, 2008

The Citi Field Bailout!

20 million dollars a year is hardly enough to irritate your eyes when you consider the price tag of Citigroups bailout came to 326 billion. Citigroup - too big to fail, not poor enough to lose the $400 million dollar naming rights on the Met's Baseball stadium.

The money trail: Citigroup gains their 326 billion dollar bailout and is thus able to afford the 20 million dollar annual payments to the Mets. Here's for an additional taxpayer subsidy to the Mets, who've already been receiving government subsidies for building the stadium which sports Citigroup's name. Excellent, not!
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