The Great Autoworkers' Gamble

Consortium News, The Real News | May. 3, 2009 (News Analysis)

(Audio - streaming) New School economist Richard Wolff says the proposed restructuring is a bigger gamble for autoworkers who have agreed to trade their health care funds for risky shares in the revamped companies. Full Story »

Posted by Dwight Rousu

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Subjects: Business
Topics: Labor
Member Tags: Auto Industry
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Posted by: Posted by Dwight Rousu - May 4, 2009 - 8:49 PM PDT
Reviewed by: Dwight Rousu (review)
Content Type: Audio - streaming
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Edited by: Dwight Rousu - May 4, 2009 - 8:49 PM PDT

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Dwight Rousu
4.5
 by Dwight Rousu - May. 4, 2009

There is much information in the video about the risks in the auto industry refinancing arrangements.

The US economy has turned into a crap shoot with all the jobs outsourced and unrestricted imports. Yikes.

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