Wednesday, February 24, 2010

Government Motors is paying consultants $3000 an hour........wow....

GM ex-CEO Fritz Henderson hired back as a consultant - Feb. 23, 2010
NEW YORK (Fortune) -- After resigning as president and CEO of General Motors in December, Fritz Henderson might have gone into hiding or decided to sit out the harsh Michigan winter on a Florida beach.

Instead, here he is popping up again, this time as a consultant to GM on international operations at the very fancy fee of $59,090 a month for 20 hours of work a month. That works out to almost $3,000 an hour for a CEO who was ousted after just eight months on the job.

Click here to read the entire article.


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