Mister Period

Dec. 1 (Bloomberg) -- Auto executives in Detroit, just like unionized hourly workers, are having a tough time these days justifying their paychecks. The bottom line? Assembly-line workers may not like to hear this, but pay for the bosses is about in line with that of other U.S. manufacturing executives, according to surveys. The issue of executive compensation is coming to a head as Delphi Corp., the bankrupt maker of auto parts, has asked the court to approve bonuses and financial incentives designed to keep top officers and managers from bolting to other jobs. The United Auto Workers union, which represents most of Delphi's 33,000 hourly workers in the U.S., has filed an objection to the bonuses, calling them unfair and ``obscene.'' Article continues http://quote.bloomberg.com/apps/news?pid=1...id=avda4kNEMRoY