<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/406c5d0c-b4a0-4f69-98d4-87e2bc6f1cf8/07483BA4-9163-42FB-A5E5-E26362DE003D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.minyanville.com/articles/index/a/20824" href="http://www.minyanville.com/articles/index/a/20824" style="font-size: 11px;">www.minyanville.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.minyanville.com/articles/index/a/20824"><DIV> <STRONG>Citigroup </STRONG>(<A title="CITIGROUP INC. " href="http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=C">C</A>) says it won't take delivery of a new $50 million corporate jet as previously announced. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.minyanville.com/articles/index/a/20824"><DIV>Citigroup plans to cut its fleet to 2 planes from 5. The company stressed that no TARP <A href="#" class="kLink" target="undefined" id="KonaLink0"><FONT color="blue"><SPAN class="kLink">funds</SPAN></FONT></A> would have been used to purchase the French-made Dassault Falcon 7X. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.minyanville.com/articles/index/a/20824"><DIV>"Citi continually explores ways to reduce all its assets, including aircraft," Hanretta said in a prepared statement. "Citi is exploring all its options for these assets, including the potential sale or lease of the aircraft. It is important to note that TARP funds will not be used for these purchases." </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.minyanville.com/articles/index/a/20824"><DIV>The <EM>New York Post, </EM>which first reported the story, said today: "Airhead Citigroup execs took their heads out of the clouds today to say they are grounding plans to purchase a new $50 million corporate jet in the wake of a national public outcry." </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.minyanville.com/articles/index/a/20824"><DIV>The <EM>Post </EM>also quotes White House spokesman Robert Gibbs as saying President Obama "doesn't believe" corporate jets are the "best use of [TARP] money." </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/07483BA4-9163-42FB-A5E5-E26362DE003D/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks:  Amplify.com - Don't just share the news...Amplify it!