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DOW poised to break 8000
Message
From
14/11/2008 14:14:04
 
 
To
14/11/2008 13:29:14
General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01361726
Message ID:
01361991
Views:
11
>>>>
>>>>BTW, I am sure you have heard that the administration has changed course once again with its bailout plans. The idea of helping out individual mortgage holders who are in trouble with their loans has been scrapped and they plan to use the remaining bailout money (the dwindling part of it that's left) on more corporate bailouts.
>>>
>>>Have you read the reports on how the recipients are using the money? So far, four biggies have used the bailout money to expand and buy out other companies...
>>
>>And don't that just chap the buttocks. I was reading where the UAW got GM to agree to a plan where, if someone's job disappeared because of downsizing, streamlining, etc, GM would basically pay that person to do nothing. The employee would show up and sit ina room for 8 hours. Boggled my mind, it did.
>
>Are they hiring? ;)

doubt it, but here are some details

as decribed by the UAW
http://www.uaw.org/contracts/07/gm/gm11.php

commentary from 2006
http://everydayecon.wordpress.com/2006/03/28/what-is-wrong-with-gm/

And just because I like the number 3 - from 2005
http://www.detnews.com/2005/autosinsider/0510/17/A01-351179.htm
"You don't manage people. You manage things - people you lead" Adm. Grace Hopper
Pflugerville, between a Rock and a Weird Place
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