Quote:
Originally Posted by War Eagle
Here is another article,
http://news.yahoo.com/s/nm/20090111/...how_gm_wagoner
Wagoner is not going to be able to get the workers to take less pay, just is not going to happen. The Democrats are already preparing a Bill that would not require the UAW to make any more concessions. If that happens it will put another nail in GM's coffin.
GM made a major mistake not going in to Chapter 11 , they could have dealt with the Dealership issues and the UAW.
Now you can put a fork in GM, they are done.
Steve |
I wouldn't say that. I would say that this could be the beginning of the bailout unravelling which might cause chaos.