So one of the first things I do most days when I get to work is check out the news. I try to stay up on the business climate in Alabama for my economic research stuff. So yesterday I did that and checked the headlines and the first thing I saw was this story: “GM to cut 30,000 jobs
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David says that they want the government to take over their pensions. He doesn't think the government should take over the pensions of a company that is still in business and paying their executives $4 million salaries.
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Susan - Sorry about your day. You strike me as someone who can really feel for other people and I think that is really cool. People like you make up for people like me who don't really know how to do that. I don't know how much inside scoop David has on the GM administration, but I haven't heard anything like that. I do know that according to Forbes, GM CEO Richard Wagoner has been with the company for 28 years and in 2004 he pulled in $8.5 million. That's a lot, even by CEO standards.
BTM
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Thanks for your kind words. Really.
Su.
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