CEOs Flew Private Jets to Plead for Public Funds

6:00 AM Posted by fightbigbusiness@gmail.com

With all the recent turmoil with our economy lately, I am sure that we've all heard that the big three automakers have been going to the government with cap in hand, looking for a taxpayer handout, both in the US and in here in Canada.

Ford, GM and Chrysler have asked for about 25 billion in the US, and about 4 billion here from the Canadian government to avoid going bankrupt.

So when the big execs went to Washingon to plead their companies cases, how do you think they got there?

"All three CEOs - Rick Wagoner of GM, Alan Mulally of Ford, and Robert Nardelli of Chrysler - exercised their perks Tuesday by flying in corporate jets to DC. Wagoner flew in GM's $36 million luxury aircraft to tell members of Congress that the company is burning through cash, asking for $10-12 billion for GM alone. " reports ABC News.

Article here.

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