Dollar a year men in Detroit riding in the carpool lane

The chiefs of the Big Three automakers are heading back to Washington to present their tuned-up bailout proposals. The proposals are arriving today, and the bosses will testify later this week.
And instead of flying corporate jets, Rick Wagoner of General Motors and Alan Mulally of Ford, will be arriving in the capital not by corporate jet, but in hybrid vehicles.

That's not all. Wagoner and Mulally said they would work for only a dollar a year. Presumably not forever.

And General Motors is getting rid of its corporate jets.

And Chrysler? The privately-owned firm can get away with being a little more secretive. A spokesman for Chrysler won't say, citing security reasons, how its CEO, Robert Nardelli, will make the trip to Capitol Hill, but it won't be by corporate jet.

On the labor end of things, the United Auto Workers, which has declared its union contracts off-limits, now says it's open to having these agreements renegotiated.

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