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Old 06-01-2009, 02:40 PM
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427sharpe 427sharpe is offline
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Quote:
Originally Posted by Dan40 View Post
That's the bad side of the coin. In bankruptcy, the union workers would take serious pay and benefit cuts. That will please them so much that there won't be any warranty work necessary. They will all do their work to perfection.
Unless the coin has a bad side and a worse side........................
Uhh..I haven't seen any 'serious pay and benefit' cuts, but I do see the union ending up owning 20% of the new (taxpayer funded) company while secured bond holders get fu**ed.
And after BoBo and crew get done, I am sure the union boys will line up for more handouts/strikes/etc...
I suppose you have seen the 'brains' behind this whole operation...a 31 year old fresh out of grad school who has never held a job in his life.
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