Auto execs show up in luxury jet to beg for money

Yesterday the CEOs of the big three US automakers showed up in Washington DC to ask the federal government for bailout money. How did they show up? In private luxury jets.

Rich Wagoner, CEO of General Motors, flew in a $36 million jet to ask congress for money, some $10-12 billion. The flight alone is estimated to cost around $20,000. Meanwhile, I used Orbitz.com to find a next-day first class flight on Northwest airlines to cost only $1,385.

This 30 second clip features commentary about the irony of showing up in a luxury get to beg for money.