Welfare Queens never honor their commitments.......

[marmar]

:nopity:



Citi reportedly considers backing out of Mets deal
By John Spence


BOSTON (MarketWatch) -- Citigroup Inc. is contemplating the possibility of backing out of a roughly $400 million marketing deal with the New York Mets as banks face more heat about how they are using capital infusions from the government, The Wall Street Journal reported Tuesday. Citi hasn't made a final decision whether to break the deal, which includes naming the Mets' new stadium after the bank, the newspaper reported, sourcing people familiar with the matter. Citi in a statement said it would not use any money from the Troubled Asset Relief Program, or TARP, for the stadium, according to the Journal. Citi shares were up 4% in premarket trading Tuesday after the company issued its first quarterly progress report on how it is using the $45 billion of TARP capital it has received from the Treasury Department.


http://www.marketwatch.com/news/story/Citi-reportedly-considers-backing-out/story.aspx?guid=%7BEFD51A71%2D5DA5%2D4456%2D9D9A%2DA8F4C01B599D%7D

[Bluzmann57]

1. They should pull out from that stadium naming

If nothing else, it's bad PR if their name is on the stadium after taking TARP money. Besides, if they name a stadium, how can the CEO's get their bonus?

[dflprincess]

2. How can they say they won't use any TARP money for the stadium?

As long as they have the $45 billion, they should be forced to justify every penny they spend to the taxpayers. If they go ahead with stadium expenses, then they didn't need the bailout and should give it back.

[Captain Hilts]

3. This poster formally known as 'MookieWilson' thinks this is okay...

the Mets - and everybody else in MLB, like everybody else needs to suck it up.

The new stadium is welfare for the wealthy. That's right. The Mets. The Metsies might not be in a financial league with the Yanks and Sox, but they're as close as you can get.

Name it 'Citizens' park.