NY Sports Dog: Congress of the Cow

Thursday, January 29, 2009

Congress of the Cow

So now Congress is doing their thing to Citi Field according to a piece in the Huffington Post, and they have taken it up a notch by bringing the new administration to the mix.

Personally I don't blame them. CitiGroup has taken $45 billion in bailout money, and they have a $400 million deal with the Mets for the naming rights on the new stadium.

It doesn't seem like money very well spent in these tough times.

Now two Congressman from opposite sides of the aisle, Dennis Kucinich (D) and Ted Poe (R), wrote the new Treasury Secretary to see if he would intervene in the deal.

"We request that you intervene and demand that Citigroup dissolve the agreement they have with the New York Mets," reads the letter. "Absent this outcome, we feel strongly that you should compel Citigroup to return immediately all federal monies received to date, as well as cancel all loan guarantees."

Ouch....just give me baseball.

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