December 02, 2008

The Big 3 Bailout: how auto execs can turn down the volume on the douchiness

On right, GM CEO Rick Wagoner, fresh from his luxury jet's tanning bed.

The top executives from the Big 3 automakers will be panhandling around Washington again this week, seeking a financial aid package to avoid bankruptcy. After the executives were shamed last time around for arriving in separate luxury jets, they've been warned to show a little more modesty.

Thing is, these guys have been sitting in their Penthouse offices for so long, they don't really know what modesty is. You have to spell it out for them. So to help those executives who have managed to destroy the American auto industry, we offer the following tips on how to not come off like a bunch of caviar-bloated, greedy money barons.

5 Tips To Help Car Company Executives Not Come Off Like Pampered Douchebags

1. For God's sake, don't take separate jets again. When you go begging for money, you don't arrive on three separate luxury jets. This time, maybe you can all arrive together, in something less ostentatious than a private jet. There's more than enough room on the Chrysler yacht.

2. Don't be flashy. If you're chilly, ask them to turn up the heat. No need to wrap yourselves in your chinchilla stoles.

3. Empty your pockets of all diamond encrusted items before entering the hearing. You don't want to be seen signing a bailout agreement with a diamond encrusted pen. And if you pretend to cry, don't wipe your tears with a diamond encrusted handkerchief. It'll chafe.

4. Remember, you're on their schedule. Do not ask for a recess so that you can take your labradoodles for "walkies." You brought your team of personal attendants for a reason. Put those underage illegals to work, darnit!

5. Finally, be grateful for whatever you're given. When you sip from your glass of water, don't spit it out and throw the glass on the floor screaming "Tap water! Why don't you just make me drink piss?!" That really didn't win over Chris Dodd last time around.

Posted by: Bob Powers      I’m a fan of Bob Powers
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canadian52
posted 5:50 pm on 12/04/2008
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What a witty post. These things should seem blatantly obvious to these CEO"s but I guess they spend so much time enjoying their personal bank accounts that they don"t consider the fact that so many of their workers are being put out of the job. You can"t just fix everything by deciding to drive to Washington instead of taking private jets. Now they want more cash from American taxpayers that are struggling. I don"t think its fair for them to receive this money and I think they should seek other alternatives. Id like to share an interesting suggestion of one blogger. What if Exxon were to invest in GM a form a corporate mash-up without taking taxpayers money? http://jonsherrington.blogware.com/blog/_archives/2008/11/21/3988390.html). The new company would have the unique ability to balance the profit equation of car value to fuel efficiency, help regulate demand for (and price of) gasoline: a customer-centric utopia. Exxon has the financial resources to reinvest, with a more commanding management team. This blog entry has three parts; Two that deal with this specific suggestion and another that stresses the power of corporate mash-ups in a recession. Take a look.

politicoprincess
posted 12:20 pm on 12/03/2008
See profile | I'm a fan of politicoprincess
i cant believe that asshole ceo said they'll work for a dollar IF they are given a bailout...what kind of shitty deal is that? it's like saying they'll take commercial planes if the government provides fuel for our private jets...makes no sense!!

INDYVOTER76
posted 3:19 pm on 12/02/2008
See profile | I'm a fan of INDYVOTER76
It's not going to be enough money for those DBs and their DB companies. They spend $1 billion dollars every 3 weeks. They need to cut the corners- meaning no bonuses. Not lets see if they comply to that.

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