Subscribe to this story's comments
Read the article closely: here's the real story: the UAW balked at becoming competitive.
It's not the unions that busted the Big 3. Union reps do not sit on the corporate boards of the automakers and are not in the executive suite. Far from it.
Management drove the Big 3 to their death. Stop blaming the workers' representatives. Germany has HUGE and POWERFUL unions. Germany builds great cars that are the envy of the world and sell for big bucks. Their automobile industry is in GOOD shape.
Leveraging Billion Dollar Connections In Congress
For Chrysler, if the bailout was Structured effectively, the Cerberus share position would be rendered irrelevent.
http://pacificgatepost.blogspot.com/2008/12/leveraging-billion-dollar-connections.html
Post a comment
There are comments on this article, submit your opinion!
