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Market Currents

Wednesday, June 3, 2009
3:40 PM TweetThis

This news story has 6 comments:

  •  
    I agree. It will be hard to negotiate with themselves when they are losing money. The shoe is on the other foot now for the Unions. They will only have themselves to blame for failure. This may also be the key to success if they realize they are working for themselves. Other employee owned corporations have done very well. I wish them all the best.
    Jun 03 03:45 PM | Link | Reply
  •  
    ^ of course, I hope you will be right. However, my fear is that they'll just become another Amtrak
    Jun 03 03:50 PM | Link | Reply
  •  
    Good comment. Clean, concise no garbage no union/management bashing..

    We need more comments like yours.
    Jun 03 03:55 PM | Link | Reply
  •  
    Actually they will just go to the government who they have donated millions to and get billions more....they don't need to make money...they are on the government teat now...
    Jun 03 05:08 PM | Link | Reply
  •  
    And some have done very poorly, like the UA vs the airline pilots union, which ran the company into a 2nd bankruptcy.


    On Jun 03 03:45 PM conceptwizard wrote:

    > Other employee owned corporations have done very well. I wish them
    > all the best.
    Jun 03 11:19 PM | Link | Reply
  •  
    It doesn't matter if the union fails or succeeds, they are on the right side of the media, so whatever they do will be reported as success and whatever shenanigans they pull will not be reported.
    Jun 04 07:55 AM | Link | Reply
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