Wall Street Breakfast: Must-Know News [View article]
Yeah, I've been getting the phony virus alert on this site too. Don't respond, close the box and back up a page. Works so far for me. The quality of discourse on SA varies, and a few of the posters are obnoxious but all in all this is far better than the unmoderated Yahoo finance message boards, and the Street's Stockpickr has also had some problems.
Wall Street Breakfast: Must-Know News [View article]
As if the Big 3 management bargaining teams were innocent rubes taken advantage of by the big bad UAW. In reality, the Big 3 were always willing to give away the store on future benefits in exchange for short term concessions. I doubt there was serious consideration given to the long term but these were contractual obligations and I don't think the Big 3 were the only corporations to focus on quarterly earnings to their detriment. Even a Chap. 11 restructuring and partial reduction of retiree benefits will simply impact other programs. The fed's pension guarantee fund is neither a guarantee nor adequately funded...
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]