GM to return two leased jets - Truck Trend Forums at Truck Trend Magazine

GM to return two leased jets

  
User Name:
Password:
Join FREE Now!
Forgot Password?
Forgot User Name?
Remember Me
Get Adobe Flash player
APPAREL, GIFTS & MORE!
Home | Active Posts | Search | Register | Terms | FAQs
Rss
Item Posts    Sort Order

GM to return two leased jets

 
Melissa Melissa
Administrator | Posts: 2469 | Joined: 06/06
Posted: 11/21/08
04:05 PM

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  

 
bkong bkong
Enthusiast | Posts: 541 | Joined: 07/08
Posted: 11/21/08
05:28 PM

Now they have to share a plane ride with the same folks who would be lending them money to save their failing companies? Outrageous!