Posted on 16 May 2007. Tags: Chrysler, Labor, Pensions, Private Equity, UAW
Yesterday, I did a television interview about the buy-out of Chrysler by a private-equity firm. It was striking to me during that interview—and is reaffirmed if you read the MSM coverage of the story—how much the story is being framed entirely around the “sacrifices” that the rank-and-file workers will have to make to keep Chrysler […]
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Posted in General Interest
Posted on 24 April 2007. Tags: Chrysler, ESOP, Labor, Private Equity, UAW
I don’t really find this story to be too credible. UAW Group, Tracinda Discuss Bids for Chrysler By GINA CHON and JOHN D. STOLL April 23, 2007 Representatives of billionaire investor Kirk Kerkorian’s Tracinda Corp., which has proposed a $4.5 billion acquisition of DaimlerChrysler AG’s Chrysler Group, met yesterday with United Auto Workers members who […]
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Posted in General Interest