View Single Post
Old 11-20-2008, 12:01 PM   #44
GTAHVIT
Blessed
 
GTAHVIT's Avatar
 
Drives: 2013 Sonic RS MT
Join Date: Dec 2007
Location: Saint Augustine FL
Posts: 28,441
Quote:
Originally Posted by camaropete View Post
Scott,

I am very sorry for the position that you and the company are now in. However, your CEO (as well as the other two CEOs) did a HUGE diservice to GM and the auto industry with their words yesterday. The taking corporate jets to the meeting is total noise. CEO need to be able to get to places and I have no problem with them taking the corporate jet. The big problem is what they said when asked if they would give up their healthy salaries as a show of good faith. Saying no was absolutely ridiculous and may have cost them the chance at low-interest loans from the government. Lee Iacocca did it in the 1980s with Chrysler and he was repaid 10-fold. Them not making that show of good faith was a big mistake. In addition to writing to our representatives (which I think is great), we should be writing letters to the CEOs as well. They need to know that they have to put skin in the game.

FWIW, Consider this, your argument should go both ways.

http://www.camaro5.com/forums/showth...503#post196503
GTAHVIT is offline   Reply With Quote