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Old 11-20-2008, 07:43 AM   #21
rayhawk

 
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Quote:
Originally Posted by z28camaro2471 View Post
Or you could say that their time is money and it was far more cost effective for them to fly via the corporate jet that they already own with pilot they already pay in much less time than it would have taken to fly commercial.

I'm sure on the corporate plane they have the ability to discuss confidential issues and prepare their remarks. This would be very difficult going commercial.

Plus it wouldn't look very good if they missed their Congressional hearings. I've spent enough time in airports to know that on time arrival is no guarantee.

No I don't work for GM. Yes the government should do the right thing and provide the loans necessary to keep them out of Chapter 11. The country needs GM and Ford and even Chrysler.
Well said, everyone wants to make a big deal about this, but this is normal for large businesses all over the place. This gives the executives the ability to visit different plants that are spread throughout north america and keeps them involved in what is going on. Their problem is not mismanagement, it is the falling off the cliff of sales in the industry. Look at the products this management team (and those at Ford and Chrysler) have developed and are in the pipeline. If we let them die now we will never get to see the resurgence of the auto industry in this country. When the market demanded trucks and suv's, the big three made some of the best and most desireable trucks in the world. Now the market is changing, give them a chance to do the same with cars.
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