D don1862 New member May 11, 2009 #1 Chrysler and General Motors? Bondholders are being required to take about 30 cents on the dollar. That amounts to a 70% reduction. Why cant the UAW workers give up 70% of their benefits and take a 70% pat cut?
Chrysler and General Motors? Bondholders are being required to take about 30 cents on the dollar. That amounts to a 70% reduction. Why cant the UAW workers give up 70% of their benefits and take a 70% pat cut?