Rich Galen

While. Everyone. Was. Watching.

In a release, the Citigroup press folks said that the bank had "no intention" of taking delivery of that airplane which was true at the moment they issued it. It had most assuredly not been true 24 hours earlier when there was probably a lottery in the executive suite to see which senior bankers would fly to France to pick it up.

And, I think it's safe to assume, they weren't going to fly coach on Delta to get there.

Next up is the annual schmooze-a-thon in Davos, Switzerland. CNBC has a crew there to talk to the movers and shakers who couldn't possibly get on the phone to talk to each other; nor could they walk down the block to visit each others' (newly-redecorated, in some cases) offices.

We'll see which CEOs decided to take a piece of taxpayer money and buy a little trip to Switzerland.

While the whole world is watching.

Rich Galen

Rich Galen has been a press secretary to Dan Quayle and Newt Gingrich. Rich Galen currently works as a journalist and writes at