GM, Ford execs go begging in private jets

re: GM, Ford execs go begging in private jets

shoe_jha — Mon, 15 Dec 2008 14:58:23 GMT

Ford CEO Alan Mulally's $28 million pay package includes the use of a private jet. He lives in Seattle and the company jet zips him home on weekends, ABC News reports.

http://www.ceruleanjet.com

re: GM, Ford execs go begging in private jets

dave — Fri, 12 Dec 2008 21:33:13 GMT

what happens when toyota and mercedes pull out of alabama, will the dumbass senator then ask GM ,ford and-or Chrysler to put a plant there to help "his" state

SORRY no help for you

re: GM, Ford execs go begging in private jets

Winston — Thu, 04 Dec 2008 03:29:40 GMT

Believing in a free market economy, cycles such as these happen to remove inefficiencies in business. A new, better mousetrap will be built and all will equalize. Only in a socialist state does the government own portions of businesses. Don't bail them out; someone will come along and buy the assets and build the better moustrap!

re: GM, Ford execs go begging in private jets

Duane Dean (Standing up for what I believe in) — Wed, 03 Dec 2008 15:45:04 GMT

I have no problem with trying to keep these companies going to keep unemplyment from over saturation. However, I do not agree these guys are asking for billions of dollars for something they screwed up on. Why dont they take there million dollar bonuses and whatever else they get, like I dont know there 13 million dollar vacation homes and 800,000 dollar houses they live in and bail there own butts out of this trouble. There the ones that put themselfs there to begin with. I am not union and I am far from being jealous. And as far as the union goes, there a part of the reason there in this mess, so yes your right, i'm jealous. So why don't they start kicking over millions of dollars they have taken from the auto industries right along with the CEO's, I'll bet you will start to see there getting closer to there 16 billion dolllar mark they need. There just trying to keep from loseing there personal possesions, that's why there asking for a bail out. Treat them like every other company, you got there on your own, start mortgaging your own stuff first, then see where your at before you start asking for a hand out from the tax payer thats already being ran into the ground from gas prices, groceries, over priced vehicles, mortagages. We dont have nothing to fall back on, why should they. Our destiny is what we make it, we dig a whole and can't afford nothing, we find a way out. They made there destiny, let them figure there own way out. This is my money not theres!!!! I'm the one that humped my butt to put that tax money out there. Let me see, how does it go, if they make $102,000 a year, they dont pay taxes? So its still not there money. This is a true case of taking from the poor to keep the rich richer.

re: GM, Ford execs go begging in private jets

MARY KOHL (NOT AFRAID TO USE MY ENTIRE NAME LIKE THE REST OF YOU) — Tue, 02 Dec 2008 13:46:52 GMT

THE AUTO COMPANIES ARE TRYING TO KEEP GOOD HARD WORKING PEOPLE EMPLOYED. DO YOU WANT UNEMPLOYMENT IN THIS COUNTRY IN DOUBLE DIGITS. THE DOMINO AFFECT COULD BE OUTLANDISH. MOST PEOPLE THAT DO NOT SUPPORT THIS BAILOUT ARE NON-UNION JEALOUS PEOPLE. I AM SICK TO DEATH OF AMERICANS THAT CANT SEE THE POSITIVE OF HAVING GOOD PAY FOR BLUE COLLAR JOBS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

re: GM, Ford execs go begging in private jets

Steve — Tue, 25 Nov 2008 19:12:59 GMT

I think it would be ironic if the Honda Jet picked up all 3 and flew them to the meeting. Too bad its not in delivery yet.

re: GM, Ford execs go begging in private jets

kathy — Sun, 23 Nov 2008 20:32:51 GMT

take that money and give it back to the tax payers who are struggling to make the next mortgage payment .10,000,000 people out of jobs thanks to the passing of a bill that sent our jobs overseas.Thanks a lot.I think if anyone deserves that money it's those people.If greed is one of the7 deadly sins, they better make more room in hell.

re: GM, Ford execs go begging in private jets

adamsmith — Fri, 21 Nov 2008 22:59:54 GMT

The jet business is is just form over substance. But their PR people should be fired for not warning them of this, that is their job. The real issue is incompetent management (at the car companies and UAW, there is plenty of stupidity on both sides) and why it has been allowed to stay in place. Where are the directors of these companies? The problem with the directors is that they do not do their job anymore, which is to govern the company, not nod their heads at the CEO. They are just a flock of sheep. Do any of these people ask questions at board meetings? Do they have the slightest clue as to what is happening? The possibilities are:

a) They are all fossilized zombies

b) They are asleep

c) They are all inbred, third-generation upper-class twits (Spot the Looney)

d) Since a lot of them are also CEOs, its a case of "you scratch my back, I'll scratch yours"

e) All of the above

Personally, I pick answer e. The directors approve all the ridiculous salaries these people are paid for failure. I am NOT advocating government control of salaries, just that directors do their jobs. There is no CEO on the planet worth what they are paying these guys. The directors of a lot of these companies, not just car companies, should be hauled up the hill to see if they are still sentient or whether they need to be embalmed. The directors are responsible for governing the company in the interests of the shareholders. If they fail, their net worths should be on the line. If the director can't handle that, then get out of the board room.

re: GM, Ford execs go begging in private jets

ggreene@yahoo.com — Fri, 21 Nov 2008 20:32:33 GMT

In exchange for a bail out, and to get them more focused on their products, they should be made to car pool from Detroit to DC in a 2007 Malibu that has the check engine light on.

re: GM, Ford execs go begging in private jets

Sam — Fri, 21 Nov 2008 11:54:12 GMT

Has it ever occurred to you that his may be a well rehersed "good cop, bad cop" performance to "show" the angry public that the fat cats are getting a slap on the wrist?