Lotta Money

I’m reading an interesting article at the Journal about the second-try presentations the big three are planning to make to Congress. A very interesting read. But as much as we hear about executive compensation I was still a little struck by this line: Ford CEO Alan Mullaly “has earned close to $50 million in total compensation since taking the helm of Ford in 2006.”

It was Mullaly who, when asked at that hearing whether he’d be willing to take a $1 salary in exchange for federal aid said: “I think I’m OK where I am.”