Wednesday, December 3, 2008

Automaker CEO's drive hybrids to Washington

A couple of weeks ago, they flew private jets. It was supposedly for "security" reasons. Then they prevented the public from tracking their private jets.

Now they are driving hybrids 525 miles to Washington to ask for bailout money, and to take a salary for a $1.
http://biz.yahoo.com/ap/081202/autos_ceo_travel.html

Finally the automakers get real. FCX cut their dividend and capital spending plans. Today they got real. Google cut their afternoon tea and pet projects for some of their engineers. Eventually Google will get real.

After the unemployment numbers this week, the rest of corporate America that hasn't got real, finally will.

No comments: