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GM to return two leased jets
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Melissa
Administrator
| Posts: 2469
| Joined: 06/06
Posted: 11/21/08 04:05 PM
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whaooo!
:
DETROIT (Reuters) - General Motors Corp will return two of its leased corporate jets amid intense criticism in Washington this week on the luxury travel arrangements of its chief executive even as the company pleads for federal aid.
CEO Rick Wagoner was in the capital to testify on the company's dire financial situation but his testimony was overshadowed by irate lawmakers who blasted him for flying on a private jet to ask for public funds and failing to make personal sacrifices in exchange for federal assistance.
Chief executives from Ford Motor Co, and Chrysler LLC, who were also there to plead for $25 billion in federal aid, came under fire too for flying to Washington in private jets.
Source: http://www.reuters.com/article/topNews/idUSTRE4AK5EG20081121
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bkong
Enthusiast
| Posts: 541
| Joined: 07/08
Posted: 11/21/08 05:28 PM
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Now they have to share a plane ride with the same folks who would be lending them money to save their failing companies? Outrageous!
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