But have you heard this yet? How much the executives get paid:
Mr. Rick Wagoner , 53 $ 1.28M
Chairman, Chief Exec. Officer of Gen. Motors Acceptance Corp.
Mr. Frederick A. Henderson , 48 $ 1.16M
Vice Chairman and Chief Financial Officer
Mr. Robert A. Lutz , 75 $ 1.16M
Vice Chairman of Global Product Devel. and Acting Chief Exec. Officer of GM Europe
Mr. Gary L. Cowger , 59 $ 858.00K
Group VP of Labor Relations and Global Manufacturing
That’s just their salaries.
How about these guys holdings (no offense ladies, but there isn’t any to mention):
MAJOR DIRECT HOLDERS (FORMS 3 & 4)
**ALL GM OFFICERS**
Holder Shares Reported
DEVINE JOHN M OWNS 160,516 SHARES
LUTZ ROBERT A OWNS 74,166
FELDSTEIN ERIC A OWNS 19,347
SCHMIDT PAUL W OWNS 19,036
REILLY DAVID NICHOLAS OWNS 16,137
I know, I know these guys have to put food on the table. They have a family too…
I’m sure it is all the UAW’s fault though, those guys are just fucking greedy!
I forgot to mention that earnings per share are at almost 10%. I mean, what does the UAW expect GM’s stockholders to do with a pissy return like that per share? That is crazy! If I were a shareholder I too would expect the UAW to fucking suck it up! I’m not taking a pay cut on my EPS! Greedy bastards! I had to work for those Earnings and damnit if people have to get laid off to keep me happy, so fucking be it.