Last year, Big Three automakers enraged Congress when they flew to a government bailout hearing in three separate jets. Today it's reported that former CEO Sandy Weill gave up use of the corporate jet after he and his family used it to vacation in Mexico just weeks after Citigroup received a hefty federal bailout. In spite of such abuses, William Garvey, editor in chief of Business and Commercial Aviation magazine and former New York Times reporter David Cay Johnston say the jets can be a force for good.
Are Corporate Jets a Force for Good?
Credits
Guests:
- William Garvey - Editor in Chief, Business and Commercial Aviation
- David Cay Johnston - Pulitzer Prize-winning reporter and author, Daily Beast, Investipedia, DC Report - @DavidCayJ