Two New York City Council members say that Citigroup should show its thanks for a federal bailout by sharing the naming rights to the new Mets ballpark in Queens.Of course, any story mentioning the infamous James Oddo is always worth a look. A blast from the past:
The struggling bank is slated to pay $400 million over the next 20 years to name the stadium Citi Field.
The bank made the commitment years ago, when it was flush with cash. Now that Citigroup is getting billions of dollars in federal aid, Staten Island Republicans Vincent Ignizio and James Oddo say the ballpark's name should be changed to Citi/Taxpayer Field.
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Tuesday, November 25, 2008
NYC Councilmen: Hey, Let's Call It Citi/Taxpayer Field
Another non-starter, of course, from the world's most useless political body, but since it comes from that rare species, GOP New York City Councilmen, we figure it's worth noting. I understand where they're coming from, but I doubt this is going anywhere.
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