Kleinbaum says it's one thing for a company to offer such a generous perk when it's making tons of money, but GM lost more than $30 billion last year. The company has already received more than $13 billion in taxpayer loans to avoid bankruptcy and is asking for up to $16 billion more.
GM insists its employees appreciate the impact of high fuel prices, but one current GM staffer interviewed for this story said the perk does blind some people. He recalled that when gas spiked last summer, a colleague complained.
It wasn't because of the cost. It was because he had to swipe his credit card twice to fill up the tank of his big SUV.
A former GM economist estimates that last year alone, the automaker spent nearly $12 million on fuel for its staff."
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Car Dealer in Chief
By enmeshing the White House so deeply into G.M., President Obama has increased the odds that March’s menacing threat will lead to June’s wobbly wiggle-out.
http://www.nytimes.com/glogin?URI=http://www.nytimes.com/2009/03/31/opinion/31brooks.html&OQ=_rQ3D1&OP=2e04f87fQ2FTQ7DsnT-P6Q26ePPGQ2BTQ2BQ22Q22Q5ETQ22tTtpTPogUgPUTtpnePPiQ26Q24KGEj
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