jod

The Failure to Admit Failure

The government might as well take over the pensions and take the stock in exchange to avoid bankruptcy. When GM goes bankrupt they will be left with the pensions and no stock.


On Nov 10 09:43 PM jod1921 wrote:

> How would the foriegn automakers be doing if they had to pay out
> over 10 billion a year to retirees. Gm has 70000 employees and 350000
> retires and surviving spouses. 5 to 1 retirees to workers. Sorry
> about the spelling errors. I was in a hurry and pissed !!!!!!! Stick
> up for AMERICA