Delphi files for bankruptcy - wages and jobs to be hacked

But don't worry, the top 21 execs who ran them into the ground are still lined up to pull in millions and the unions will be forced to have wage cuts of more than 50%. What's delightful here is that now that they are in bankruptcy Delphi can pretty much get away with doing whatever they want with bankruptcy protection. Why am I having flashbacks to US Air and their bankruptcy where they hacked to the bone for average workers yet the top brass bathed themselves in millions per year before going back into bankruptcy for a second time?

Sure, part of the problem may be very high packages associated with the union workers but let's get real, the execs who were supposed to be directing this ship have failed miserably and should accept painful cuts as well. There's a nasty trend of McWages in the US for working families that is doing a bang up job of gutting the middle class. Who are these companies going to sell to once they've managed to re-create this mythical 1900 era of a two-tiered society? What ever happened to the civic duty and responsibility from the corporate world?