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The Pension Gap

Started by The Minsky Moment, January 03, 2012, 07:49:16 PM

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The Minsky Moment

#15
January 04, 2012, 03:53:40 PM
Quote from: Admiral Yi on January 04, 2012, 09:10:52 AM
I thought as part of the bailout the pension fund got handed over to the union.

The UAW health care trust funds took big chucks of equity in reorganized GM and Chrysler (especially Chrysler), but that is a different matter.
We have, accordingly, always had plenty of excellent lawyers, though we often had to do without even tolerable administrators, and seen destined to endure the inconvenience of hereafter doing without any constructive statesmen at all.
--Woodrow Wilson

Admiral Yi

#16
January 04, 2012, 04:14:50 PM
Quote from: The Minsky Moment on January 04, 2012, 03:53:40 PM
The UAW health care trust funds took big chucks of equity in reorganized GM and Chrysler (especially Chrysler), but that is a different matter.

10-4.
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