Wednesday, November 19, 2008

Big Three Auto Execs Flew in to Seek Multibillion-Dollar Bailout - Flew in Luxury Corporate Jets


Washington - The CEOs of the Big Three automakers reportedly flew private luxury jets to Washington to plead for a $25 billion taxpayer bailout to save their debt-ridden industry — ringing up tens of thousands in charges even as they cried poverty.
Recipients of eight-figure bonuses in 2007, the corporate cowboys used their executive perks — which for GM's Rick Wagoner include the run of a $36 million Gulfstream IV jet — to arrive in style as they went begging before Congress. More... Magazine Lane - Discount Cigarettes & Tobacco - Nutty News Marketplace - Generic Pharmacy