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Stimulus Bill and Corporate Jets

gret

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Joined
Nov 14, 2007
Posts
1,008
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n/a
Senator Dodd got his amendment in the bill that was passed that required TARP participants-

"Institute a company-wide policy regarding excessive or luxury expenditures, including entertainment or events, office and facility renovations, private jets, etc."

While the bill just passed Congress and we don't know all the details, any thoughts on what companies will do? Most likely, many companies will adopt some some new procedures, even if they didn't receive any TARP funding.
 

Rokit88

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Jan 17, 2006
Posts
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I would argue that a PRIVATE jet is different from a CORPORATE jet.

John Travolta - Private Jet
Multinational Company - Corporate Jet
 

400A

Well-known member
Joined
May 26, 2003
Posts
1,760
Total Time
5000
I would argue that a PRIVATE jet is different from a CORPORATE jet.

John Travolta - Private Jet
Multinational Company - Corporate Jet

I would agree. While all of this is going on, I am glad I fly a Private jet.
 

BoilerUP

Citation style...
Joined
Nov 11, 2003
Posts
5,311
Total Time
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"All management personnel will utilize company operated aircraft for all business-related travel."

Company-wide policy instituted.
 
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