Anyone else find this, uhm...preposterous, idiotic, even insulting? Maybe just a little?
If you are going to come to Washington to plead for public $25 billion public dollars maybe you could sell the private jets first? Or at least not use them on your begging junket?
Rick Wagoner, CEO of GM, stated that GM wanted to continue providing services to America as they always have but that doing it "alone" wasn't something they could continue to do.
Hmmm... does that mean we also get to use GM's fleet of private jets?
"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."
Read the read of the article and see the news piece Big Three CEOs Flew Private Jets to Plead for Public Funds here, if you think you can stomach it.
