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Re:On being the right size (1928) by philwelch on Monday October 14, 2013 @12:02PM (#6547982)
UAW was forced into being vested in Chrysler and GM as a condition of the bailout, and it's a condition that they fought tooth and nail.
Re:On being the right size (1928) by mrow84 on Tuesday October 15, 2013 @06:01AM (#6552377)
Interesting. Apologies for not taking the time to do the research myself, but do you have any idea why they were so reluctant to take a stake in the companies that (I presume) their members work in?
Re:On being the right size (1928) by philwelch on Tuesday October 15, 2013 @11:50PM (#6557913)
Chrysler has been circling the drain for decades and GM isn't too far behind. Why own stock in them when you can just drain them of their remaining wealth?