"According to GM's filings with the Securities and Exchange Commission, he (Wagoner) earned $14.4 million in total compensation in 2007 and $5.4 million in 2008, even though most of his income was tied to the company's performance, which was dismal.
Wagoner had agreed to work for a salary of $1 this year, while Henderson took a 30 percent cut from his $1.7 million salary in 2008. GM executives have received no bonuses for the past three years because those awards were tied to the performance of the company's stock, which has plummeted, closing at $2.70 a share on Monday."
I HAVE TO WONDER IF THIS WHOLE DAMNED 'ECONOMIC COLLAPSE' IS ANOTHER BUSHCO SCAM TO KILL OFF THE UNIONS! REMEMBER FOLKS, IT STARTED DURING BUSH'S REIGN, AND DAMNED NEAR EVERYTHING THAT DID SMELLS TO HIGH HEAVEN!