Monday, June 8, 2009

Why Does the UAW President Still Have His Job?

Barry fired GM's CEO and replaced a large chunk of the Board of Directors.

Why does the President, Ron Gettelfinger*, of the UAW still have his job along with his executives?

The UAW leadership helped usher GM into bankruptcy, yet Barry rewards them with a piece of the action (17% ownership).

The UAW will own over half of Chrysler if the judge approved Barry's bankruptcy plan.

Barry's new deal: He decides who wins and who loses.

*No link provided. the UAW's web site seems to be compromised.

No comments:

Post a Comment

Keep it clean. Comments are not censored, but will be removed upon discovery of foul or unlawful language (such as threatening politicians with bodily harm).