What’s Wrong With This Picture?

I just put two and two together. The Mets’ new stadium will be called Citi Park. Citigroup, Inc. bought the naming rights to the stadium back in 2006 for $20 million a year for 20 years. That’s $400 million total for those of you, like me, who can’t do math.

Yes, that’s the same Citigroup getting “bailed out” for about $300 billion by the federal government. Federal government spending = taxpayer dollars.

That means that we, the taxpayers, are helping Citigroup fund the naming of the New York Mets’ stadium. What a great investment.

I want my money back.

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6 thoughts on “What’s Wrong With This Picture?

  1. Yeah – I never liked the idea of welling the naming rights anyway. For this very reason. There is no way Citigroup is going to last for another 20 years.They should have just named it Shea, or Jackie Robinson field or something, since it’s basically a shrine to the Brooklyn Dodgers…it’s a beautiful park if you’ve looked at the pics, but the name is a shame.

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