Rick Wagoner, CEO of General Motors, made $14 million in salary and bonues in 2007 - all while GM loses billions and billions each year. Watch Wagoner get lit up Rep Paul Kanjorski. He’s looking for handout of our tax dollars yet he can’t even respond with how much he needs. Did he not consider this question while he flew over in his private jet? I would never go into a meeting with a potential investor unprepared to talk about how much money I was looking to raise. This guy is the CEO of GM. I am floored with is inability to answer Kanjorski. If the government takes an equity stake in these auto companies, all three of these fools should be fired.
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