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While the economy recovers from a painful recession, there is outrage from the public and the White House about what some banks are preparing to fork over in bonuses. So while they are focusing on the perks that the private sector bankers who took public funds are getting, no one is focusing on the perks our elected officials get. And we pay for all of these. Well, let's compare, Just a little sampling of perk vs. perk. So, B of A CEO has apparently one corporate jet. What shall we call Air Force One? Then, apparently, there is also an Air Helicopter One, a fleet of special reinforced limos, etc. I suppose that the CEO of B of A also has a tennis court that was recently converted to a basketball court with, you guessed it, public funds? ...more
November 2, 2009
Oh, I want it. I want it bad. Next week, when Barney Frank starts hauling fat-cat CEOs before his House Financial Services Committee, I want him wearing a barbecue apron. Instead of a gavel, I want him wielding a barbecue fork the size of a trident. By the time the grilling's over, I want . . . I want a lot. ...more
February 8, 2009
Bank of America Corp. said Wednesday that it is selling nearly half its corporate aircraft as it acts to scale back costs. ...more
February 5, 2009
Most years, Tampa-based ExecuJet Charter Services Inc. gets a business boost from flying local residents to the Super Bowl, but this year is different with the game in Tampa on Sunday. ExecuJet , which was founded in 1994 at St. Petersburg–Clearwater International Airport and moved to Tampa International Jet Center at the Tampa International Airport in 2006, has a plan to possibly capitalize on corporate jet passengers in a hurry to get home after the game. ...more
January 29, 2009
Detroit's automakers are making a second bid for $25 billion in congressional funding this week. CEOs from General Motors, Ford and Chrysler, who were criticized last month for traveling to Washington separately by private jets and faced pointed questions about their salaries, are seeking to defuse those issues. ...more
December 3, 2008
The effort to get a control tower at the Hernando County Airport is in the air. ...more
September 9, 2008
BERLIN - Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, said in an interview published Sunday he believes the U.S. economy is already in a recession. ...more
May 25, 2008
Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, embarked on a European "deferred shopping tour" Monday, looking for possible acquisitions for Berkshire Hathaway Inc. ...more
May 20, 2008
Early in Sen. John McCain's first run for the White House eight years ago, waves of anxiety swept through his small circle of advisers. A female telecommunications lobbyist had been turning up with him at fundraisers, visiting his offices and accompanying on a client's corporate jet. ...more
February 21, 2008
A select group of rich tourists may be blasting into space within a few years in a craft that looks like a cross between a corporate jet and a toy bomber. ...more
January 24, 2008
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