Please, give me a few billion, pretty please

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OK, let's come a little more recent.

From September 28, 2007:

"Erich Merkle, an auto analyst and industry forecaster at IRN Inc., said the contract may make promises that GM can't afford to keep.

"I mean, the UAW negotiators, they did their job and got as much as they could for the worker, given the circumstances, but you have to ask yourself, 'Is this truly going to make GM competitive long-term?' I think the VEBA is a great thing, but I think GM had to give up an awful lot to get it."

"Now analysts question if what GM gave up to get those concessions may have been too much."


Apparently, what the union giveth, the union certainly has no problem in taking back.

Posted by: MGP2   Posted on: 11/20/08 You are currently: a Guest | Members login | Terms of Use

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