Change of Planes: GM CEO Won't Fly Private to Washington

General Motors said today that its CEO Rick Wagoner will not be flying on the company's private jet when he returns to Washington next week for more hearings on the possible $25 billion bailout for the troubled auto industry. Just last week, after a flurry of criticism following an ABC News report that the CEOs of the big three car companies flew on private jets to seek public funding, GM announced that it would put two out of the five private jets it leases out of service. But even last Friday...Full Story
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