Despite being bailed out on OUR dime, Wall Street executives still flying high on corporate jets

[ck4829]

Crisscrossing the country in corporate jets may no longer fly in Detroit after car executives got a dressing down from Congress. But on Wall Street, the coveted executive perk has hardly been grounded.

Six financial firms that received billions in bailout dollars still own and operate fleets of jets to carry executives to company events and sometimes personal trips, according to an Associated Press review.

The jets serve as airborne offices, time-savers for executives for whom time is money — lots of money. And some firms are cutting back, either by selling the planes or leasing them.

Still, Wall Street's reliance of the rarified mode of travel has largely escaped the scorn poured on the Big Three automakers.

http://news.yahoo.com/s/ap/20081221/ap_on_bi_ge/meltdown_corporate_jets

People on welfare (And who take much less out of the government than Wall Street does BTW) face tougher scrutiny than Wall Street does. This double standard is killing our country, Congress and President-Elect Obama need to act ASAP.

[BobRossi]

1. But autoworkers must accept third world wage.

Why do republicans hate America?

[DJ13]

2. Why do republicans hate America?

Because corporatists dont have an allegiance to any single country.

[spanone]

3. this scam is wide open for the world to see, yet no one calls the bu$hists on it

it's amazing