Thread: Should the government bail-out include domestic automakers?
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Old 11-12-08, 05:53   #50 (permalink)
David Fermani
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Re: Should the government bail-out include domestic automakers?
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Originally Posted by DaGonz View Post
The fat cats who run the companies should bite the bullet and take a salary no more than the average worker. Someone who makes $16.5 million a year can afford it... when Lee Iacocca went to the feds for loan to save Chrysler in the mid 70's he took a salary of $1 a year.
I totally agree. Lee Iacocca saved Chrysler from bankruptcy by bringing over the Caravan concept he created at Ford. That man deserved every penny he got after that. I wish every CEO's salary could be dependent only on their company's success after properly caring for their employee 1st.
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