Another unfair article about the UAW. Barrons. "The UAW can't Lose."

Mike 03

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Sun Jun-07-09 07:46 PM
Original message

Another unfair article about the UAW. Barrons. "The UAW can't Lose."

Edited on Sun Jun-07-09 07:50 PM by Mike 03

"The United Auto Workers have sacrificed another victory under the extremely favorable terms offered in government loans to a bankrupt GM. Meanwhile, bondholders and taxpayers are left holding the bag..."

That is not my take on this matter, but maybe I'm wrong.

EDIT:

This is Barron's June 8, 2009

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madrchsod

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Sun Jun-07-09 08:10 PM
Response to Original message

1. neither the workers or the bondholders and taxpayers won

the banks and china won.

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