Motor Authority
The automotive bailout money provided to GM by the White House requires the company to convince the union to take half of the payment for the retiree health care debt in the form of GM stock, rather than cash. Until this area of the deal is ironed out, however, UAW workers will not be able to vote on and ratify the agreement.
Apart from this area, it’s expected that the UAW GM agreement will include a halt in wage inflation and reduced break times as its agreement with Ford stipulates, but the exact nature of the concessions still remains uncertain.
HOW CAN THIS NOT BE A conflict of interest?????????
Gettelfinger sold the American Hourly auto work out!!!!!
HALF!!!! THAT'S LIKE $12 BILLON in stock from Ford and GM
UAW will be one of the largest shareholders of the auto companies!!! HOW can this be legal???? IT'S A UNION!!! supposedly there to protect the workers! How can the managers of the union possibly negotiate a contract in good faith, while sitting at a bargaining table and shareholders meeting at the same time?????
Apart from this area, it’s expected that the UAW GM agreement will include a halt in wage inflation and reduced break times as its agreement with Ford stipulates, but the exact nature of the concessions still remains uncertain.
HOW CAN THIS NOT BE A conflict of interest?????????
Gettelfinger sold the American Hourly auto work out!!!!!
HALF!!!! THAT'S LIKE $12 BILLON in stock from Ford and GM
UAW will be one of the largest shareholders of the auto companies!!! HOW can this be legal???? IT'S A UNION!!! supposedly there to protect the workers! How can the managers of the union possibly negotiate a contract in good faith, while sitting at a bargaining table and shareholders meeting at the same time?????