All three automotive CEO’s flew to DC yesterday to complain about how they are about to go under and basically the Congress needs to step in and help. By “help” they mean give the three automakers some big bailout money. 

Here is my favorite part… 

(WARNING: Those with queasy stomachs should not read any further). 

They didn’t drive to DC. And flying commercial coach wasn’t on the agenda either. Matter of fact, a commercial airline wasn’t even on the radar so-to-speak. 

All three CEO’s flew corporate jets.  Rick Wagner* (GM), Alan Mulally (Ford), and Robert Nardelli (Chrysler). 

*Wagner, who flew on the $36 million luxury aircraft, asked Congress for $12 billion for GM alone. 

Come on guys. Not even “Jetpool” to get your stories straight on the way?! Did you at least remember to take off your Rolex watches before you went in front of congress? 

Godfather Note: Sorry readers…I just can’t make this stuff up! And I thought I would have nothing to write about after the election. Sheesh. 

UPDATE December 4, 2008 – Just as an update, the CEO’s must be learning. They drove to the next round of talks in DC. Then again after being denied the $25 billion they asked for last time this time they arrived with a plan – ask for $35 billion instead.  

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