Thursday, July 30, 2009

Don't Buy GM Vehicle

Even after Canadian Tax payers bailed out GM Canada, GM refuses to disclose executive compensation packages. Legally GM has no obligation to do so, however it's a moral issue as far as I'm concerned. Transparency is an over used term these days, but this is a great example of where transparency is needed.

If GM wants to take our money and they want us to buy their cars, they better recognize that they are accountable to all Canadian taxpayers and not just shareholders. Oh, I'm sorry ... I forgot there aren't anymore shareholders because they all got shafted.

Enough said.

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