Catch 22: Too Big To Fail, Too Big To Succeed: "If these are the flaws of the industry, consider their current leadership; The CEOs of these failing behemoths flew in on corporate jets, asked for $25 billion dollars, brought literally not one shred of documentation on what they intended to do differently and couldn’t explain how they arrived at the 25 billion dollar figure in the first place. When asked if they would accept a $1 dollar per year salary (Iacoca style) in exchange responses from GM and Ford ranged from non-committal to sarcastic (‘I don’t have a position on that today’ - Rick Wagoner of GM, ‘I think I am OK where I am today.’ Ford’s Alan Mulally who earns $22m per year).
"
O'Reilly Radar - http://radar.oreilly.com/