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You Won't See This In America

While American CEOs fly around the country in private jets to go beg their government for money, CEOs in other countries are doing the right thing in hard economic times: taking a pay cut. Like this Japanese CEO of Japan Airlines, who now gets paid less than his pilots, or the CEO of the Swedish postal service who is now working for free.

Update on 11/25: I stand corrected, even though AIG has gotten a ton of flack for using that bailout money they got for a lavish party, a hunting trip and to pester a blog.

Posted by Jake on 11/23/08 @ 11:26 PM
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