Tuesday, May 19, 2009
Union Reluctant To Grab Wheel In Detriot
The current plans to reconstruct General Motors and Chrysler LLC will leave the United Workers union in the drivers seat at both companies, but it appears the union would rather be in the back seat. The UAW is set to receive a 55% stake in Chrysler through its union trust fund once that automakers emerges from bankruptcy.This trust fund will also likely get up to 38% of Gm's stock as part of reorganization. I think that GM and Chrysler should just shutdown.i think that they are crappy cars. i think this article is presented fairly because it doesn't take sides. i always use CNN.....what else is there?
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Deishnae, No link to article, unclear summary. Why would union prefer to be in back seat? I see your point about companies making a crummy product shutting down, but what about the 60,000 people who work there and their families?
ReplyDeleteGrade: 8/10