05-21-2009, 02:02 PM
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#17
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Drives: 2012 Honda NC700x
Join Date: Sep 2008
Location: Indianola, IA
Posts: 5,317
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Quote:
Originally Posted by domano 68
I agree.
GM offers the Unions the lion's share thereby giving the impression that GM will stand by the Union, even in bankruptcy court. However, GM offers the bondholders a meager share therefore bankruptcy is forced. At that point, GM then has the upper hand and can achieve one of thier main goals; to re-structure's thier Union contracts at much more reasonable rates. Just my $.02.
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 Good points.
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