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December 2, 2008 7:57 AM
What Would You Do for $21 Million?
I suppose if you are Alan Mulally, the ceo of Ford Motor, you would be willing to come to work and run the company into the ground by focusing on F-150 trucks and suv's. At last month's disastrous hearings where the Detroit Three asked for an additional $25 billion, Mulalley refused to consider cutting his own salary - he took home over $21 million in compensation last year alone.
Word is that someone had a chat with Mulalley. Today he is saying that he could live on savings for awhile if that is what is needed to get the bailout.
Discussion
Well, bless his heart. At least he will now be paid consummate with his past performance.
Well, bless his heart. At least he will now be paid consummate with his past performance.
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