Originally posted 2009-01-26 20:42:10 -0500; Bumped, promoted and updated by carol, Huffington Post reports the following.
According to a report from ABC News, President Obama is not taking kindly to corporate greed, especially when it's funded by taxpayer money. Read more from ABC here:
The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corporate jet from France...
ABC News has learned that Monday officials of the Obama administration called Citigroup about the company's new $50 million corporate jet and told execs to "fix it."
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When AIG had their famous junket on us (taxpayers), I wrote a diary covering an aspect of it I hadn't seen elsewhere: the luxurious details of the beautiful St. Regis Resort in Monarch Beach, California. Ain't no Party Like an AIG Party. 
The diary was a guide to the restaurants, the golf, the spa, etc. Highlighted were the bar where you paid for them to celebrate their latest streak of good luck and the Presidential Suite Master Bath where you paid for them to do wash (or do whatever with... or pay hookers to do whatever with) their pasty executive... parts. Details. Exactly what you got for your tax dollars.
Wanna join the mile-high club, baby? Join me over the fold for all the soaring details of the brand spankin' new $50,000,000 corporate jet you just bought for Citibank: Make the jump»