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newsday.com - 11/24/2008
Citi sheds workers, keeps Mets deal
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You might have missed the news because it came on Friday, but Citigroup announced it was not planning to back out of the naming rights deal for the Mets' new stadium, Citi Field.
Amidst Near Collapse, Cititgroup Confirms Retaining Naming Rights Deal with Mets
bizofbaseball.com - 11/22/2008
Amidst Near Collapse, Cititgroup Confirms Retaining Naming Rights Deal with Mets
— bizofbaseball.com — Despite losing half its value in three days this week, and announcing massive layoffs, Citigroup remains committed... to the most lucrative naming rights deal in history with the New York Mets. As The Biz of Baseball first reported on Monday, a spokesman for the New York Mets said that the agreement is (more) Amidst Near Collapse, Cititgroup Confirms Retaining ...

Comments vote down Kumar Kumar posted 11/22/2008posted this
blogs.nypost.com - 11/25/2008
3 DOWN: Street, Hudson and Cruz
— blogs.nypost.com — Barring major news, I am taking a few days off for Thanksgiving, so I figured I would... weigh in with a 3 Down, rather than wait for the morning. Happy holiday to all and thanks for helping to make this... (more) 3 DOWN: Street, Hudson and Cruz

Comments vote down MetsBlog.com found this 11/25/2008found this
poughkeepsiejournal.com - 11/22/2008
Mets reportedly considering adding closer Hoffman | PoughkeepsieJournal.com
— poughkeepsiejournal.com — This winter's market for closers has created a sort of perfect storm for the New York Mets... — in desperate need of a closer and presented with a surplus of candidates and not enough big-market teams to pay them all. But with the shopping open for a ... (more) Mets reportedly considering adding closer Hoffman | ...

Comments vote down 24 Hours From Suicide...A Day In The Life ... found this 11/22/2008found this

Blog Reactions

ShysterBall:  Only 22,000 Lost Their Jobs When Enron Folded

Big League Stew:  So what should we, the American taxpayers, rename Citi Field?

FanHouse:  Citigroup Prefers Naming Rights of Mets' Stadium to Employing Real People

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Blog Reactions

Only 22,000 Lost Their Jobs When Enron Folded
ShysterBall — Given the news about Citigroup, it was only a matter of time before someone unloaded on the naming rights deal with the Mets. That someone is Anthony Rieber in Newsday, who starts with the premise that naming rights deals are stupid, but then remembers how successful they've been in the past: ...

So what should we, the American taxpayers, rename Citi Field?
Big League Stew — ... Despite a toilet stock price and its plans to axe 53,000 people from its payrolls, Citigroup says it can't — and won't — attempt to back out of its 20-year, $400 million naming rights deal for the Mets' new ballpark. ...

Citigroup Prefers Naming Rights of Mets' Stadium to Employing Real People
FanHouse — ... Unfortunately, it's better for business to advertise than it is to care about real people's jobs. Citigroup is still going to sponsor the new stadium, and is planning on picking up that colossal tab over the next two decades. Some other feathers in the cap of the corporation? ...

Citigroup takes U.S. money, pays money to Mets
Sports stories from Newsday — I thought about writing a column for Tuesday about Citigroup's $20 million per year naming rights deal with the Mets, which still is in place despite 52,000 pending layoffs and now a government bailout. I changed my mind and decided to write about the Jets and Giants instead. No worries. Rieber took care of the topic for me. I'm done for today. I swear. Enjoy Caps-Wild on Versus at 8 p.m.

Citi Field and Manchester United: Your Tax Dollars At Work [Pay Up]
Deadspin — ... United $125 million dollars to have their rather bland logo appear on the chests of its players. Of course, AIG would not exist right now if it weren't for the $150 billion that the U.S. government gave them to stay afloat. The New York Mets' new stadium isn't even open yet, but Citigroup is on the hook for $400 million over the next 20 years to have their named permanently affixed to it. That's a lot of money—almost enough to pay the salaries for some of the 52,000 people they plan to lay off in the next year. ...

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Don't hold breath waiting for Citigroup's money — Newsday.com - Mets 11/25/2008
You might have missed the news because it came Friday, but Citigroup announced it is not planning to back out of the naming rights deal for the Mets' new stadium, Citi Field.
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I know a contract is a contract but when you read this: The Treasury also will invest another $20 billion in Citigroup on top of the $25 billion of taxpayer dollars already invested in the bank this fall. and you read this: Citigroup Inc. ...