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Old 02-14-2008, 11:19 AM   #19
Mr. Wyndham
I used to be Dragoneye...
 
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And I believe a good chunk of that 38 billion was the payout into the retirement fund for the UAW. That's an ENORMUS plus!! That fund is supposed to last upwards of 80 years: meaning no retirement payouts from GM - it'll take a couple of years to recoupe the payout into the fund - but this is going to free up Lots of money to put into new vehicles, and vehicle quality.
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