Uh, No, You Don't. Better Keep Working On It.
Citigroup Inc. plans to spend about $10 million on swank new offices for CEO Vikram Pandit and his colleagues – this, after getting $45 billion in 3 count 'em three federal bailouts. Citigroup says the construction is part of a global space-saving effort. Pandit's the guy who reluctantly cancelled an order for a swank new jet in January after lawmakers balked at his spending habits. "I get the new reality," he said at the time.