Upper Saranac seasonal resident Sandy Weill — who has sometimes commuted by jet to the Adirondacks — drew the ire of the NY Post for his jet-setting ways.<\/p>\n
Just weeks after Citigroup averted total collapse with a $45 billion shot in the arm of taxpayer cash, the bank jetted its former CEO and his family on one of its corporate jets to a posh Mexican resort for New Year’s, The Post has learned.<\/p><\/blockquote>\n
According to the newspaper, Weill and his wife Joan traveled to Mexico on the bank’s Bombardier Global Express the same week that his former bank “agreed to curtail runaway corporate expenses.”<\/p>\n
The Post dubbed the trip “Citi’s sky-high arrogance.” <\/p>\n
On Monday, Weill’s office issued a statement that “in light of the unprecedented circumstances that Citi finds itself in’ he decided to stop using Citi aircraft immediately.”<\/p>\n
The dust-up comes as President Barack Obama is trying to squeeze corporate execs tied to companies that are taking massive taxpayer bailouts.<\/p>\n
President Obama has described Wall Street’s lavish ways as “bad taste.” <\/p>\n
But according to the Post, the Citi corporate jet is pretty darn tasteful. Here’s the description, ascribed to a former crewmember:<\/p>\n
Seating up to 18 passengers, the interior features a full bar and fine-wine selection, along with “$13,000 carpets, pillows that were made from Hermes scarves, Baccarat Crystal glassware and Cristofle sterling silver flatware.” <\/p><\/blockquote>\n
Ah, the Gilded Age.<\/p>\n","protected":false},"excerpt":{"rendered":"
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