19
Nov
Big3 CEOs Flew Private Jets to Plead for Public Funds
Author: markw // Category: Finance, Politics/Law/ReligionThe headline says it all.
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. More
Sphere: Related ContentTags: bailout, Chrysler, Ford, gm, Private Jets
