Citigroup paid $400 million for the naming rights to the New York Mets new stadium. Should the New York Mets allow Citigroup out of the deal?
What you tell in the question is news to me. No matter how rich a group is its top bosses should remember thay are custodians of public funds. They are entitled to have a marketing budget but they should not go about squandering it on a excessively large scale. The City group is in deep trouble. The City group is world encompassing. Any trouble for the City group will have international ramifications. The US Government is doing its best to bail out the City group. Now the the US Government should find ways of getting the City group out of any former commitments which could now worsen its financial crunch and crisis. If the New York Mets is to refuse cancellation City group’s commitments towards its new stadium project, The US Government and public opinion and the Media must do the persuading to get City group out of the deal. It will be in everybody’s interest the world over.