Comments on: Citigroup…Buying A Corporate Jet? http://www.hyperblogcafe.com/citigroup-is-buying-a-corporate-jet/ Tue, 24 Jan 2012 22:55:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: markross http://www.hyperblogcafe.com/citigroup-is-buying-a-corporate-jet/comment-page-1/#comment-964 markross Thu, 29 Jan 2009 00:44:34 +0000 http://www.blog.hypercubecafe.com/?p=3643#comment-964 There is also a real downside to companies (in a capitalistic society) having to fold to public and governmental opinions, and intervention, however, I will need to elaborate more on this later. The long and short of it is...next time, file bankruptcy. Mark There is also a real downside to companies (in a capitalistic society) having to fold to public and governmental opinions, and intervention, however, I will need to elaborate more on this later.

The long and short of it is…next time, file bankruptcy.

Mark

]]> By: markross http://www.hyperblogcafe.com/citigroup-is-buying-a-corporate-jet/comment-page-1/#comment-963 markross Wed, 28 Jan 2009 19:40:49 +0000 http://www.blog.hypercubecafe.com/?p=3643#comment-963 Well, this is certainly good news, from my point of view... Due to public pressure, and (reported) pressure from The White House, Citigroup cancelled the purchase of this 50 million dollar jet. <a href="http://news.bbc.co.uk/1/hi/business/7855554.stm" target="_blank">http://news.bbc.co.uk/1/hi/business/7855554.stm</a> This is <em>"absolute"</em> evidence that public opinion, when joined together, can change policies. I am very pleased that the people, and The White House (in this case) have spoken. Mark Well, this is certainly good news, from my point of view…

Due to public pressure, and (reported) pressure from The White House, Citigroup cancelled the purchase of this 50 million dollar jet.

http://news.bbc.co.uk/1/hi/business/7855554.stm

This is "absolute" evidence that public opinion, when joined together, can change policies.

I am very pleased that the people, and The White House (in this case) have spoken.

Mark

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