Every now and again, I think Dennis Kucinich has a terrific idea. This is one of them.
Cleveland Democratic Rep. Dennis Kucinich teamed up with Texas GOP Rep. Ted Poe on Thursday to demand that the Treasury Department force Citigroup to give up its $400 million stadium naming deal with the New York Mets baseball team.
The congressmen wrote a letter to Treasury Secretary Timothy Geithner that observed the bank’s finanical situation has worsened dramatically since it signed the Mets deal in 2006. Citigroup recently accepted billions of dollars in taxpayer bailout money and announced it’s eliminating 50,000 jobs.
“The Treasury Department, which forced Citigroup corporate executives to give up their private jet, should also demand that Citigroup cancel its $400 million advertisement at the Mets field and instead being to repay their debt to the taxpayers,” Kucinich said in a press statement.
Citigroup’s mismanagement was astronomical. They shouldn’t get fringe benefits like naming rights.
That being said, Quicken Loans Arena and Progressive Field? Never. The Gund and The Jake. Forever.