Monday, January 23, 2006

send canned food to Bill Ford

If his company keeps tanking it like this, he'll never be able to take home a salary to feed his family.

He hasn't gotten paid by Ford since 2001.

Ford said: “We will be making painful sacrifices to protect Ford’s heritage and secure our future.”

Wow. The man's already given up his salary. Isn't that enough? Next the shareholders are going to demand that he forfeit his millions of dollars in stock options and bonus compensation.

Incidentally, it's vaguely gratifying to know that the recent profit slippage at Ford and GM is due not only to cheaper, superior imported products but to decreased demand for SUVs.


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