Big Money

Citi’s Cold Feet with Mets

As if Mets fans needed something new to complain about: According to Reuters, Citigroup is looking into cancelling its $400 million marketing deal with the Mets, which includes naming rights to the team’s new stadium. Dennis Kucinich has been leading the charge against Citi's deal with the Mets, arguing in a letter to Treasury Secretary Timothy Geithner that government-dependent institutions “ought not to spend $400 million to name a stadium at the same time that they accept over $350 billion in taxpayer support and guarantees." A Citigroup spokesperson said no TARP funds will be used for the marketing deal.