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  1. #1
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    Default Former car czar slams UAW pay



    Why a millionaire wants autoworkers to take a pay cut | Motoramic - Yahoo! Autos

    Former auto czar and wealthy Wall Street financierSteven Rattner*told*a luncheon in Detroit*on Thursday*that while the $50 billion*GM*bailout was successful, "we should have asked the UAW to do a bit more. We did not ask any*UAW*member to take a cut in their pay." He also said that "friends on*Wall Street" were concerned by GM's earnings and communications with the market, pushing the stock down to a level that would lose the goverment $14 billion if it sold its shares today.
    Last edited by Trucker Wife; 12-18-2011 at 12:44 PM. Reason: Fixed quote... can't edit from mobile device :(

  2. #2
    I Am Rocking Now

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    Default Re: Former car czar slams UAW pay

    Just another true report on how Wall street wants the middle class gone..


 

 

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