skippy the bush kangaroo

Tuesday, November 25, 2008

if they want taxpayer sponsorship

they need to drop their multi-million dollar sports sponsorships. or better yet, let's "brand" them...american taxpayer's aig...american taxpayer's citibank. hey...we've "earned" the right to naming rights.
aig, citibank and a number of other federally bailed-out financial institutions have no plans to cancel hundreds of millions of dollars in sports team sponsorships, even as they take billions in taxpayer support, abc news has found.

...struggling citibank just sealed a multi-billion-dollar emergency "backstop" deal with the u.s. government. the financial behemoth, suffering with billions in bad mortgage-related assets on its books, recently shed 53,000 workers and saw its stock price lose over half its value. yet it's in a 20-year contract to pay the new york mets $400 million to name the team's new stadium "citi field." - abc news

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posted by Cookie Jill at 12:50 AM |

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