CNN's Brooke Baldwin reports on the bleak economic outlook in Detroit and the possible effects of a Big Three collapse.
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Filed under: 360° Radar • Bailout Turmoil • Economy • T1 |
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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It is absolutely true that these corporate execs are “required” to fly via corporate jet for the “security” reasons. But it is done so at the behest of the executives. Thousands of executives get this requirement filed which qualifies them for special tax and accounting treatment that allows them to use these jets as personal taxis and charge the overwhelming majority of the costs onto shareholders and all taxpayers.