Thursday, December 4, 2008

General Motors CEO Offers Congress First-Born Granddaughter For Aid

Will Congress accept blood money for a bailout? General Motors CEO Rick Wagoner is counting on it. In a startling attempt to one-up rival Ford CEO Alan Mulally, Wagoner reportedly has offered Congress his first-born granddaughter in exchange for a bailout of his struggling auto company. Mulally earlier had made a lesser vow to work for an annual salary of $1 in exhange for government help. A source close to Wagoner's family said sons W. Matthew Wagoner, Scott Kaylor Wagoner, and George Richard Wagoner III, are in complete support of their father's generous gesture. Which son will lose a child has yet to be determined, the source said.