On Mon, Dec 8, 2008 at 10:07 AM, Jim Devine <[EMAIL PROTECTED]> wrote:
> that's the right thing to do. If the union _has_ to make concessions,
> it should be rewarded with equity (not mere promises). This is taking
> David's advice, but it doesn't involve the UAW shelling out actual
> cash. Either way, of course, the equity may not be worth much (if
> anything).


Assuming a reasonable bailout, why is the equity not worth much? This
is absolutely the right strategy for the UAW. Strange they didn't
think of it before. And this is possibly a giant step towards partial
socialism.
-raghu.


--
milli-helen : The amount of beauty required to launch one ship.
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