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New York

NY Congress members defend Citi Field

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Six New York members of
Congress came to the defense of Citigroup’s 20-year naming rights deal
for Citi Field. Last month, Ohio Rep. Dennis Kucinich and Texas Rep.
Ted Poe urged Treasury Secretary Timothy Geithner to force Citigroup to
cancel the deal because of the $45 billion the bank received in
government aid. “It is deceitful and unreasonable to single out
Citigroup for an agreement signed several years ago without referencing
the many other companies who have stadium naming rights deals and also
received federal assistance,” the six Congress members wrote in a letter to
Geithner, adding that there are several other stadium naming deals with
banks
that have received government money, like the Bank of America Stadium
in
Charlotte.