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Bailout hard at work: Citigroup's new jet

'Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it's the taxpayers who are getting screwed.

Even though the bank's stock is as cheap as a gallon of gas and
it's burning through a $45 billion taxpayer-funded rescue, the airhead execs pushed through the purchase of a new Dassault Falcon 7X, according to a source familiar with the deal.

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.'

http://www.nypost.com/seven/01262009/news/nationalnews/just_...

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Not any more....they are not going to take delivery...

http://abcnews.go.com/Business/Politics/story?id=6740011&page=1

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