The last week has been filled with a whole raft of economic scandals that it’s hard to pick through the wreckage. But, I’ll try. First, a publishing note: last week, I posted the first Friday Scandal Update. I will maybe keep this up–and please suggest your own scandals–both here in the comments and, […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Delphi"
Friday Scandal Update: Scams, Subpoenas, Pensions
Posted on 28 February 2009.
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Health Care: Now You See It, Now You Don’t
Posted on 26 February 2009.
This really got me infuriated. Yesterday, The Wall Street Journal reported (as did other news outlets): Delphi Corp., the largest parts supplier to General Motors Corp., won court approval to terminate health benefits for thousands of retired salaried employees after arguing the move is critical to keeping its slow-going bankruptcy reorganization afloat. Ending the […]
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Is CEO Greed Waning? Just A Little–And Not Out of Choice
Posted on 29 January 2008.
One of the things that has clearly outraged Americans everywhere is the disgusting spectacle of CEOs legally looting their companies with pay and pensions that are absolutely outrageous. For a long time, a collective Marie Antoinette cry from the CEO suites spilled out that, while a few CEOs pocket massive amounts of money, workers […]
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Is CEO Greed Waning? Just A Little–And Not Out of Choice
Posted on 29 January 2008.
One of the things that has clearly outraged Americans everywhere is the disgusting spectacle of CEOs legally looting their companies with pay and pensions that are absolutely outrageous. For a long time, a collective Marie Antoinette cry from the CEO suites spilled out that, while a few CEOs pocket massive amounts of money, workers […]
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A Troubling Sign At Delphi
Posted on 23 June 2007.
  If you want another sign pointing to the attack against the middle class and a decent standard of living, look no further than what’s happening at Delphi. Apparently, there is some deal to cut wages at Delphi, according to The New York Times: The Delphi Corporation and its largest union reached a tentative wage-cutting agreement […]
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Is A Strike At Delphi Near?
Posted on 04 May 2007.
   I don’t see how the UAW can avoid a strike at Delphi, without agreeing to massive concessions. As reported today in the Wall Street Journal, the UAW is about to lay down a last offer: The United Auto Workers union is preparing a last-ditch, take-it-or-leave-it offer to Delphi Corp. and its private-equity partners, according […]
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