Smart Liberal and Female


Big Three in the Poor House
December 2, 2008, 7:26 pm
Filed under: bailout, politics, Uncategorized | Tags: , , , , ,

I read earlier that the Big Three Auto CEOs had finally made some concessions regarding pay.  Now to be fair, the CEO of Chrysler offered to do this last week, however the CEOs of Ford and GM have decided they too could use a pay cut.  Ford CEO Alan Mulally made nearly $25 million last year…of which nearly $22 million was in bonuses.  Now I’m not sure how you make anything in bonuses when your companies sales are in the shitter, but that’s just me!

Chrysler is asking for $7 billion, Ford $9 billion, and GM a whopping $12 billion.  Apparently all three are offering to sell some of their jets.  Ha. 

I say fire your damn CEOs and some other top level managers, get a plan together, and then we’ll talk. 

http://money.cnn.com/2008/12/02/news/companies/automakers_plans/index.htm?postversion=2008120217

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