"Shittybank" Plans $10 Million Executive Suite



What is it about "Thumos"? What thumotic excess -- musky Chimpanzee DNA-shit -- leads a respected and growing insurance company like AIG to add on a hugely risky financial services division, leading almost to ruin? Does greed at that level make one entirely blind to their plight? To public opinion? Because once a company takes public taxpayer money in the form of a bailout, their bosses become the American public. Why would "Shittybank" -- thank Bill Maher -- think about doing this? Just a few weeks ago their shares were selling for under $1 and people were seriously discussing delisting! From The New York Times:

"In a move bound to feed public furor over perks at bailed-out banks, Citigroup plans to spend about $10 million to create new offices for its chief executive and his lieutenants, a project that calls for premium millwork and at least one Sub-Zero refrigerator.

"Citing documents filed with New York’s Buildings Department, Bloomberg News reported that Citi’s project will cost $3.2 million for basic construction alone. The total bill for the renovation is expected to be at least three times that amount, an unidentified source familiar with the project told Bloomberg.

"Citi, which has taken a financial lifeline from the government three times since last fall, said the project would save money over time.

"'Senior executives in our corporate headquarters are moving from two floors to smaller, simpler offices on a single floor,' Citi said in a statement to Bloomberg. 'Based on estimates made when the project was initiated, we expect to generate savings in the next few years well in excess of the project costs.'"

Thumos, in proper measure, leads to courage. Therein lies the problem. The United States suffered -- probably as a result of the naked imperialism -- from an imbalance of Thumos, as Plato's Socrates argued after in The Republic (How politically incorrect of this blog to give a shout out to a DWEM). And so we got the hyper-thumotic bad boys that led us to the bad monies (at the cost, alas, of the manufacturing center of this economy) and this present mess where Green technology may be the only hope for the aging American workers left behind in the rust belt. More here.