Thursday, November 20, 2008

CEOs fly in luxury to beg for 25 billion in public funds

All three CEOs - Rick Wagoner of GM, Alan Mulally of Ford, and Robert Nardelli of Chrysler - exercised their perks Tuesday by flying in corporate jets to DC. Wagoner flew in GM's $36 million luxury aircraft to tell members of Congress that the company is burning through cash, asking for $10-12 billion for GM alone.

read more | digg story

No comments:

4-24-2024

Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids   The Russian Hacker Group Sandworm is Back: New Kapeka ...