Thursday, December 4, 2008

GM CEO Rick Wagoner arrives in a hybrid

General Motors CEO Rick Wagoner arrives at Capital Hill to beg for a bailout, eh, ask for financial assistance for the automobile industry. Of course, you can tell he deserves it because he arrives in a Chevy Volt and has agreed to work for $1 a year. I am not sure if this is just his current $2.2 million salary or if it also includes the $1.68 million in stock options. Poor fella!

UPDATE - It looks this he actually only drove the Chevy Volt for a few miles. He drove a Chevy Hybrid Malibu from Detriot to DC, then had a second car waiting for him, the Chevy Volt, once he arrived in DC. You know, typical common man road trip stuff.

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