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CEOs use private jets more in 2008 than previously

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Added by Keren on 11 Jun 2009
From: www.soxfirst.com

Image courtesy Global Jet via Flickr

Despite the looming recession, large corporate CEOs flew in private jets more in 2008 than in any of the previous five years. This article gives us a list of the top ten offenders. Many of these companies have since declared bankruptcy or accepted TARP fund assistance from the US government.

 

It is no wonder  average americans are indignant about the sacrifices they have had to make during this economic reversal. More money was spent in one year transporting these CEOs than most folks make in five years. The apparent blindness on the part of these corporations is positively stunning.

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