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GM Downsizing Jet Fleet, But CEO Still Flies in High Style
GM Downsizing Jet Fleet, CEO Still Flies High Company Reducing Number of Jets, But Top Execs Keep Perk By JOSEPH RHEE and MADDY SAUER Nov. 21, 2008— General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enough. The top ...
 GM Downsizing Jet Fleet, CEO Still Flies High
GM Downsizing Jet Fleet, CEO Still Flies High
abcnews.go.com — General Motors said today that it is putting two of its five corporate jets out of service... because the planes are not being used enough. The top three executives at GM, however, will continue to use the private luxurious jets for all of their ... (more) GM Downsizing Jet Fleet, CEO Still Flies High
Thumbs Up On Downsizing
julescrittenden.com — Mexican border-crossing is down 42 percent in the last two years, from 1.2 million to 800,000. That's... all Mexicans who left the country, whether legally or otherwise. AP, noting that most are border-hopping illegals headed north,* reports that U.S. ... (more) Thumbs Up On Downsizing
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Reaction: GM to drop two of its corporate jets
Hot Air » Top Picks — ... Has General Motors learned a lesson from having its CEO come to Washington on a private jet in order to plead poverty?  Not quite .  ABC News, which broke that news earlier this week, now reports that GM will get rid of two private jets from its fleet — but that it has no intention of changing its travel policies for its executives: General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enough. The top three executives at GM, however, will continue to use the private luxurious jets for all of their ...

GM execs give up some private jets after embarassing hearing.
Think Progress — ... by members of Congress for taking private jets to Washington to plea for a federal bailout. Today, ABC reports that GM is putting two of its five corporate jets out of service allegedy “in response to the planes not being used” and not a reaction to the harsh treatment from Congress. Watch ...

GM Downsizing to Three Private Jets
Matthew Yglesias — ... in response to a jet-related PR fiasco is going to be counterproductive once people find out that you’ve still got three private jets. That’s way more private jets than normal people have. And it seems that GM CEO Rick Wagoner intends to keep flying private for all his personal and business travel. ...

General Motors Learns a Valuable Lesson
Deceiver.com — ... taxpayers to bail out your ineptly run business, you should pretend to make a concession that really isn’t one, and pretend you’re not really making it: ...

Look at me way up high, Suddenly here am I, I'm flying
SteveAudio — Beethoven wrote some beautiful music while totally deaf. Talent and drive, plus hard work. Some people, however, can hear just fine and yet are completely tone-deaf. Like GM's Rick Wagoner: General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enough. The top three executives at GM, however, will continue to use the private luxurious jets for all of their business and personal travel, despite a flurry of criticism over the perk following an ABC News report this ...

Three Automakers Not Giving up Private Jets
Politicol News — ... A last minute word from ABC News is that the three CEO's have no plans to stop using their private luxurious jets. Good luck on reducing the arrogant Mr. Wagoner's 16 million dollar salary or take away his G4 36 million dollar personal jet. ...

Related: gm execs corporate jet
Confidence Men
yglesias.thinkprogress.org 11/15/2008 — Megan McArdle writes : Not that being a CEO is easy, or that they don’t do valuable work; I venture to say that 100% of the commentators who think that running a major company is a matter of riding around on the corporate jet and stealing ...
I’M NOT SURPRISED:  Big Three CEOs Flew Private Jets to Washington to Beg for Funds….
pajamasmedia.com 11/19/2008 — I’M NOT SURPRISED: Big Three CEOs Flew Private Jets to Washington to Beg for Funds.
GM Seeks to Hide Corporate Jet UseDrudge Retort
General Motors, criticized by lawmakers for its use of corporate jets, asked aviation regulators to block the public's ability to track one of its planes. "We availed ourselves of the option as others do to have the aircraft removed" from a Federal Aviation Administration tracking service, GM ...
GM Springs Into Action, Asks FAA to Bar Public Tracking of Leased Corporate JetTHE ASTUTE BLOGGERS
Never let it be said that General Motors doesn't react fast enough when there is a crisis. Oh sure, they need a bailout and all, but they're right on top of the issue of making sure we don't know if they are spending corporate revenues in good faith. From Bloomberg : Nov. 27 (Bloomberg) ...
Miles J. Zaremski: Hypocrisy and Arrogance-A Lesson From the Car Industry on Why Health Care Reform Must Not FailPolitics on HuffingtonPost.com
While listening to the CEOs of the Big Three automakers plead before Congress last week to fill their company's "tin cup," it occurred to me (as no doubt to most Americans) that it must have cost their companies probably $30,000 to take the corporate jet to fly each to DC from Detroit. But only ...
Loss Of Corporate Jet Made It Too Hard To Get To Corporate Fishing CampThe Huffington Post | Full News Feed
Every now and then, we come across something in a filing that just makes us slap our head and say, "What the heck were they thinking?". And that's exactly what happened when we skimmed the proxy that A. Schulman (SHLM) filed yesterday. Here's the head-slapping part: During fiscal 2008, the ...
Ford mulls corporate jet saleDemocratic Underground Latest Breaking News
Source: [b]AP via CNN[/b] DETROIT (AP) -- Ford Motor Co. may sell its fleet of five corporate jets after top executives of the three Detroit automakers were harshly criticized by members of Congress this week for their travel expenses. Read more: ...
GM CEO To Continue Flying Private, Company Will Downsize Jet FleetThe Huffington Post | Full News Feed
From ABC News: General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enough. The top three executives at GM, however, will continue to use the private luxurious jets for all of their business and personal travel, ...
Private-jet welfareDaimnation!
They really are clueless about their public perception, aren't they? Earth to the not-exactly-Big 3 CEOs: When you fly to Washington to beg for an industry bailout, do yourselves a favor and leave the corporate jet at home. ABC News has thrown Rick Wagoner, Alan Mulally and Bob Nardelli ...
Memo To Corporate Beggars: When Going To Washington To Ask For A Bailout Don’t Take Your Private JetSay Anything
Jeez... 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, ...