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Video: Romney Insists He Was Right About Allowing the Auto Industry to Go Bankrupt

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Jimmi the Grey6/14/2011 2:29:01 pm PDT

re: #234 RogueOne

It’s not about borrowing money, it’s about re-organizing. Their biggest problem was their labor/legacy costs. They managed to get it down to $58/hr during the bankruptcy but it’s still roughly $20/hr more than KIA and Hyundai.

Huh. Any stats on the reduction of Management pay compensation? How much of a hit did the CEO, CFO, COO take?