Quote:
Originally Posted by AGDee
I got really ticked off when Congress was asking the questions about whether these guys would be willing to work for $1 and why they flew their corporate jets there. Our national debt is escalating at record levels and our Congress aren't working for $1 a year nor or they giving up any of their perks. It's not like the auto makers CEOs are making what the CEOs in the oil industry are making, yet they are similar in size, per the Fortune 500 article I quoted earlier in this thread. The difference? ]
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The difference is the oil companies actually make money vs the auto manufacturers that make less than a kid with lemonade stand.
Quote:
Originally Posted by AGDee
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The article on corporate jets is weak. The main defense is everyone else does it too. The article left out the fact that Mulally's wife has the use of a jet at her disgression. When Bear Sterns was going down the toilet, Bear's CEO Jimmy Cayne hopped the company jet to a bridge tournament in Detroit. When he got word that the company was losing billions he waited a couple of extra days in Detroit because the private jet was not available and he didn't want to fly commercial.
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