Skip to main content

Citi Group & Mets Will Remain Partners

In response to a Wall Street Journal story that stated that Citi Group was looking into the idea of splitting from the Mets because of the company's recent bankruptcy and federal bailout problems; Citi came out today singing a different tune.

Citi and the Mets will remain partners for the forceable future. In December, the Mets came out in defense of Citi after the bank tanked and laid off several employees. On Monday, Citi said that there would be no TARP capital used to finance the new ballpark.

Last week, two U.S. Senators decided to stick their noses into the Mets business. Denis Kucinich (Democrat, Ohio) and Ted Poe (Republican, Texas) criticized the Mets for continuing their partnership with Citi and pushed Treasury Secretary Tim Geithner to move for the destruction of the partnership, creating this recent controversy.

Citi Field is expected to open April 13. Whether the Mets will really keep the name remains to be seen.
Labels:

Comments

Post a Comment

Popular posts from this blog

Jets, Dolphins and Patriots Playoff Breakdown

Here are the formuli that could get the Jets into and out of the playoff party this season: 1) If the Jets win against Seattle and Miami, they win the AFC East based on a better conference record (8-4) than the New England Patriots, even if New England wins out as well. 2) If the Patriots win out and the Dolphins win out and finish at 11-5, the Jets would be 10-6, or 9-7, and probably out of the playoffs. Both New England and Miami would make the playoffs, with the Dolphins as a divison winner and the Patriots as a wild card. The Patriots make the postseason if Baltimore loses one of its final two games. 3) If the Patriots win out and the Dolphins and Jets split, then the Patriots win the AFC East. The Jets will have to hope that they beat Miami to win that tie-breaker and, further, hope that they have a better conference record than the Baltimore Ravens in order to clinch the sixth seed. 4) If the Patriots and Ravens win out and the Dolphins and Jets split their final two games, then ...
8 comments
Read more

Is Aaron Glenn in Danger of Getting Fired?

 According to Pro Football Talk's Mike Florio there is a "chance"   that Jets head coach Aaron Glenn could be fired at seasons end.  While Florio doesn't site any sources, the rumor has caught fire the last two days. The question is would it make sense? Let's examine this for a second?  Why it Makes Sense:  Glenn has not been great in his first year as Head Coach of this team. The talent has taken a major step backwards, granted two of those talented players were traded away in Sauce Gardner to Indianapolis and Quinnen Williams to Dallas.  The decision he and GM Darren Mougey made to give Justin Fields a two year deal proved to be a horrible mistake, and Glenn stuck with Fields for far too long before pulling the plug following the Jets loss to the Patriots on a Thursday night in mid November.  Glenn gave now former Defensive Coordinator Steve Wilks too much power to run the defense, and the players couldn't stand Wilks. Reports indicated this week af...
Post a Comment
Read more

Same Ol' Jets! Gang Green Dropped by Ravens

 RAVENS 24 - JETS 9  In short the opener to the 2022 season for the New York Jets was a complete and utter disaster.  A team that came into the season with the promise of better days ahead, a team that had taken on so many kudos in the off-season for what so many in the media had claimed was an impeccable off-season and draft, came out flat as a pancake when it mattered the most.  If this was a debut of what is to come for the Jets in 2022, you better start preparing your 2023 draft boards.  Sunday's 24-9 loss wasn't just a defeat at the hands of a better team, it was a total indictment of the Jets current predicament.  The Jets offensive line, which has been battered and beaten this summer with the losses of Meckhi Becton and Duane Brown looked like a sieve on Sunday. Joe Flacco, who is not exactly fleet of foot, was under siege all afternoon. The fact he came out of Sunday's game having been sacked only three times was a miracle in itself.  George Fa...
Post a Comment
Read more