The chief executives of General Motors Corp. (GM) and Ford Motor Co. (F) said Wednesday they wouldn't accept a $1 salary in exchange for government aid to their imperiled companies, as the head of the former Chrysler Corp. did a generation ago.
Rick Wagoner would rather see his company go bankrupt than give up his lavish salary. The guy is an incompetent moron who drove the largest automaker into the ground. He needs to go.
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