Tuesday, November 18, 2008

Big Three Bailout

In listening to the news, one would think that the big three's real issues are centered around the total compensation of the UWA line workers. Does anyone in the news question the executive pay? Not just at the C level, but to the huge bonus payouts to the executives and managers at all levels all while losing billions every quarter for the last how many quarters.

One could argue, its not the employee compensation but the total mismanagement of the organizations that are the root cause.

Bail them out so they can contunue to mis manage the companies?

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