GM Saying Bye Bye to Those Corporate Jets

Corporate jets really did become the ultimate toxic asset.  You'll recall the uproar when executives from the Big Three Automakers traveled on their company jets to Washington to ask for a taxpayer bail out.  Times have changed.  A bankruptcy judge this morning allowed General Motors to cancel its leases with 7 private jets and an airport hanger.  That will mean a little more money to payback all those who are owed money by the bankrupt auto maker.