In an interview after asking Congress for a “stand-by line of credit” that he hopes he won’t have to tap, Ford CEO Alan Mulally said he’d work for $1 per year if his firm had to take any of the government loan money. Based on the trouble the auto industry is in, that’s probably what the board at Ford should be paying him already. In addition to the CEOs of General Motors and Chrysler, here’s a few more grossly overpaid people whose salaries should be reduced to the buck they’re worth:
Donald Trump: make it two bucks so he can still get his hair cut.
Dr. Phil McGraw: he can use the buck to ride the bus to the next psych ward Britney checks into.
Rachael Ray: roll it in a ball and stuff it in her mouth … please!
Katie Couric: give it to her in nice shiny perky dimes.
Simon Cowell: it’s what he’s earned so far on Taylor Hicks.
David Beckham: he should give it to the first person who can guess what sport he plays.
Leslie Moonves, CBS CEO: for making us watch another season of “Survivor”
Alex Rodriguez: get a loan from Madonna.
Lance Armstrong: for dumping Kate Hudson.
Oprah Winfrey: a buck every year until she gives the entire country a car.
Tom Cruise: stick over your other eye.
Bill Gates: the profit generated so far by Vista
The Walton family: what they spend on health care for part-time Wal-Mart employees.
Mark Cuban: better save it to buy smokes in prison.
Michael Phelps: just because he can eat all that junk food and not gain weight.