Could It Be a Happy New Year for Chrysler? [View article]
well if Chrysler laid them off, we were going to pay them anyway. as it is, Chrysler pays them for 2 weeks, and we pay them the remaining time. it seems that extra time is without pay, and they can file for unemployment since they will be at that time.
On Dec 21 01:06 AM wildbongos wrote:
> "Could It Be a Happy New Year for Chrysler?" You bet! They just > got the American taxpayer to pick up the tab for paying their union > employees not to work for a month or two. This is money that Chrysler/Cerberus > would otherwise be legally on the hook to pay. We will never see > that money again. We might as well have written the check personally > to Dan Quayle. Cerberus is not in the business of losing money, > and they never invest in R&D. When this money runs out, Chrysler > will once again come begging, and if denied they will simply close > the doors and Cerberus will sell it off to some insider who will > come begging to Obama to fund the purchase.
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well if Chrysler laid them off, we were going to pay them anyway. as it is, Chrysler pays them for 2 weeks, and we pay them the remaining time. it seems that extra time is without pay, and they can file for unemployment since they will be at that time.
Dec 21 10:03 am
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All Comments by dw57 »Could It Be a Happy New Year for Chrysler? [View article]
On Dec 21 01:06 AM wildbongos wrote:
> "Could It Be a Happy New Year for Chrysler?" You bet! They just
> got the American taxpayer to pick up the tab for paying their union
> employees not to work for a month or two. This is money that Chrysler/Cerberus
> would otherwise be legally on the hook to pay. We will never see
> that money again. We might as well have written the check personally
> to Dan Quayle. Cerberus is not in the business of losing money,
> and they never invest in R&D. When this money runs out, Chrysler
> will once again come begging, and if denied they will simply close
> the doors and Cerberus will sell it off to some insider who will
> come begging to Obama to fund the purchase.