here is what I do know.....this was a tactic to get rid of the union.....yes the management of the company made some awkward decisions...they're company.....they're decisions......then when all hell broke loose, they see where the unions are holding them hostage......so they bankrupt the company and sell what's left and make millions (likely) and not have to deal with some group of people that is not burdened with the facts of business......
Same damn thing should have happened with GM........we should have booted the unions......and gave the company a fighting chance to REMAIN solid......GM will be in the tanker again in our lifetime......chisel it on your driveway.......I said it, and believe it.
you will see more of this.....bankrupt and stock for stock trades, mergers and any strategy out there to free yourself from a union.
|