Interesting. Right after I read the first post here I turned on the television and they were televising the hearing on C-Span.

Rep. Sherman hit hard. First he asked them to raise their hand if they had flown there commercially- and said, Let the record show that no one raised his hand.

Then he said, Please raise your hand if you plan to sell the private jets and return home commercial, and - Let the record show no one raised his hand.

He went on to say that he couldn't go home to his constituents and tell them that the auto industry has changed when they had clearly shown that they had not.

Among other things he said that a five-year service contract means nothing if they go out of business and that customers are aware of that. He said he thinks it essential that each company put aside a few hundred dollars for each vehicle they sell, so that in the event they go out of business the customer has some recourse.

He also said that he wants an assurance that each outgoing executive will receive not more than one million dollars per year that he has served, a figure that is to include ALL the perks, including money, options and bonuses.

I wish I had turned it on sooner because they ended the televised portion when his turn was over.