In last month's House hearing, seven out of eight bailed-out bank CEOs said their companies still "own or lease" private planes. ABC News provides more details today, reporting that JPMorgan Chase - which received $25 billion in TARP funds - "is going ahead with a $138 million plan to buy two new luxury corporate jets," complete with "the premiere corporate aircraft hangar on the eastern seaboard." |
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At thinkprogress.org
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.