Not buying it. No one man is bigger than the company. They can take separate flights, fly in a day early, I don’t care. Drive. Keep your mouth shut in the cabin. Profitable companies can have all the corporate jets they want. Losers begging for a handout from Uncle Sugar get none. How many non-union types are unemployed because the executive goodies were judged to be more important.
And GM is trading at $2.83 so there is very little in the way of shareholder value being maintained.
It really amazes me how the stockholders usually have nothing to say about a CEO who gives himself and his executives six-figure bonuses, a six-figure travel budget, and a truly amazing expense account to throw cocktail parties for business associates, all while the business is performing so poorly that it it teetering on the edge of bankruptcy.