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Old 11-21-2008, 01:26 PM   #21 (permalink)
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Re: GM to return two leased jets amid criticism

Quote:
Originally Posted by joemac View Post
It's a joke that this is an issue at all.

It's a cost issue. At the rate of pay for a CEO, idle time costs money. You can either pay for more efficient time use (private jet). Or you can waste time, sitting at an airport, delays, etc.

At the per hour rate of most CEO's it's a better cost effective use of time to use the private jet.

We could say the same to ourselves. Why do we fly instead of drive? Time efficiency. Time is money. What's one's time worth. That's the key.

If I'm a business owner I want my people to be working with minimal idle time, best effective, efficient use of their time. The overhead getting on a plane today commercially is extreme often taking longer to get on the plane than the flight itself.
Another employee of GM Finance...

This is not about goofy business cases... You can hack together a business case to justify ANYTHING... This is about DOING THE RIGHT THING... GM sucks at "Doing the right thing"... The Business case for Hybrids never made sense either... And yet the company that lead the way with them is still profitable today... And the company that said they are stupid is now in DC begging for cash...

Hmmm...

Rick, put the calculator down... you suck at using it any way... and start using your brain... that is if you actually have one... I'm beginning to think your head is full of only ego... no smarts up there.
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