March Sadness

Auto Execs Banned from Luxury Suites

First private jets, now the NCAAs—it seems vilified GM execs can’t pamper themselves at all these days without catching flack. Thus, the struggling automaker will not be offering luxury suites to any of its employees at this year’s NCAA tournament, even though the Final Four tips off at the Palace at Auburn Hills, located in GM's home-city of Detroit. And despite being the "official sponsor" of the NCAA, the government-aided company will try to sell its luxury suite tickets. Who knows? Maybe TARP will buy the seats at a premium.