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January 26, 2009

Citibank Uses TARP Money To Buy New Jet

-- by Dave Johnson

Remember when the Bushies came to the Congress, demanding $700 billion in 48 hours? And remember how the Congress gave in and took out many of the taxpayer protections?

Citibank is using some of the money to buy a new jet for executives. It's not even American-made. Why would you expect anything different?

The French-made luxury jet seats up to 12 in a plush interior with leather seats, sofas and a customizable entertainment center, according to Dassault's sales literature. It can cruise 5,950 miles before refueling and has a top speed of 559 mph.

There are just nine of these top-of-the-line models in the United States, with Dassault's European factory churning out three to four 7Xs a month.

Posted by Dave Johnson at January 26, 2009 10:05 AM


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