From whence you came, you shall remain

9 03 2009

…UNTIL YOU ARE COMPLETE AGAIN!





Big Three Automakers’ CEOs Flew Private Jets to Plead for Public Funds

19 11 2008

By Brian Ross and Joseph Rhee
ABCNews.com
Click here for the original article

The CEOs of the big three automakers flew to the nation’s capital yesterday in private luxurious jets to make their case to Washington that the auto industry is running out of cash and needs $25 billion in taxpayer money to avoid bankruptcy.

The CEOs of GM, Ford and Chrysler may have told Congress that they will likely go out of business without a bailout yet that has not stopped them from traveling in style, not even First Class is good enough.

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…