Tuesday, December 2, 2008

Meaningless Promises

DETROIT – Ford Motor Co. will tell Congress that it plans to return to a pretax profit or break even in 2011 when its CEO appears before two legislative committees this week.

Also, CEO Alan Mulally said he'll work for $1 per year if the automaker has to take any government loan money. (Source)

Why doesn't the guy work for $1 now? Obviously he doesn't need the paycheck.


  1. Rev. Eric J Brown said...

    I would gladly work for a dollar as well. . . provided the corporation meet my expenses -- because I do have certain expectations, like clothing, and the ability to host various parties, and of course business lunches and dinners. . . and breakfast with design teams. . . and of course taking the good managers out to Vale -- all of which is business expense and not salary to me.

    Wow. . . I probably wouldn't have to pay any income tax then!