It's about forsight and planning. CEO pay is just something easy to key in on because it's a number. If Wagonner payed GM his salary instead of the other way around, it wouldn't have made a dent in the Billions of dollars they're losing. Per quarter! You mean to tell me that the people planning roadmaps and business development had no fallback plan?? Toyota has been gaining on GM for years.

Chrysler was bailed out once already by the government, decades ago. It worked and brought us cheap K-car and minivans. Uncle Sam actually made 25% profit off the deal in stocks. Go read about it. But look where Chrysler wound up again. Back in the toilet. "Hey, Toyota is selling the snot out of Hybrid Prius's... lets bring back the Hemi!" How many times do you check someone into rehab before you just give up?