The Other Side of the $1 Salary

The chief executives of the Big Three automakers might give up most of their salary if they get assistance from the federal government. Ford CEO Alan Mulally, General Motors CEO Rick Wagoner and Chrysler CEO Robert Nardelli all pledged to earn $1 a year in salary as part of their respective companies' plans to remain profitable. That is, if the government helps them out and if they take that help. This is in stark contrast to two weeks ago when Mulally and Wagoner rejected a suggestion from...Full Story
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