Chevrolet Corvette Stingray C7 Forum - View Single Post

GrinderSS · 11-21-2010, 07:36 PM

go and buy 18% of the stocks offered in GM's IPO? Now we have an American company that has the following ownership:

45% American government
13% UAW
7% Canadian government
1% Chinese government
10% Former bond holders
24% Private investors

So, I have a question. How does the UAW reconcile the chi-coms owning a major stake in their company when chi-com labor is responsible for so many of their members being unemployed? Clearly the UAW leadership doesn't care about the American and Canadian men and women that makeup it's membership. The UAW seems complicit in reducing the American automotive industry workforce.

11-21-2010, 07:36 PM	#1
GrinderSS Account Suspended Drives: IOM 2SS/RS Join Date: Jun 2010 Location: Florida Posts: 539 View My Garage	Why did the Chinese have to... go and buy 18% of the stocks offered in GM's IPO? Now we have an American company that has the following ownership: 45% American government 13% UAW 7% Canadian government 1% Chinese government 10% Former bond holders 24% Private investors So, I have a question. How does the UAW reconcile the chi-coms owning a major stake in their company when chi-com labor is responsible for so many of their members being unemployed? Clearly the UAW leadership doesn't care about the American and Canadian men and women that makeup it's membership. The UAW seems complicit in reducing the American automotive industry workforce.