December 11, 2008
– Comments (2) |
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I saw GM's 10Q. It lists $4B PER MONTH payment to pensions and post-retirement benefits. Question: of this $4,000,000,000 each and every month, how much is the UAW throwing into the pot to keep GM out of Chapter 11??
Does this mean that we have millions and millions to throw at them each and every month. I do think you need to investigate a little further then the newspaper!! Being retired on disablity out of GM. I can tell you, you are wrong.BTW,do you have an american car?
there is no way GM can continue without chapter 11. it's just not possible from everything i've seen and read. I think they can reorganize, but not as a going concern as it's structured now.