Questions for GM and Chrysler

CNNMoney.com has a few.
Damian P.

Advertisements

2 thoughts on “Questions for GM and Chrysler

  1. I do not understand how the union can walk away from the table when these companies need to find a way to stay viable. And before the rabid unionistas jump all over me, let me add that the obscene amounts that some CEOs and other managers make are stupid and need to be reigned in as well… but the larger issue is how to keep jobs, is it not? If the union cannot find a way to help keep these businesses solvent than none of the members have a job, what is so hard to understand about that?

  2. Chapter 11 won’t work – the unions will still remain in place – chapter 7 – the closing down and dismemberment of the assets that also eliminates the unions, dealers and managment committments is the only way.
    The quicker the better so as to minimize the rapid depreciation of those assets including the brand ‘value’ what little there is.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s