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  1. #1
    Join Date
    Dec 1969
    Location
    New Albany, Indiana.
    Posts
    8,955
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    Re: Imported from Detroit

    Quote Originally Posted by Olgrey View Post
    The reason they got the loan from the government/taxpayer was that they could no longer find a bank that would let them have more money. If they want to get upset about being cheated, get upset at the guy at the top who was paid millions in salary and bonuses yet led the company into the hole the taxpayers had to bail them out of. Perhaps that guy will feel so guilty that he will refund some of that salary and bonuses back to Chrysler so they can payback the loan from the taxpayer. JMO
    The guy at the top is pennies on the dollar compared to what the UNIONS raped the company for.........GM went broke not over the guys at the top, but rather over the crazy salaries, crazy benefits, and crazy UNFUNDED pensions. NOTHING ELSE.

    Later,

    Geo

  2. #2
    HURRICANEBOB Guest

    Re: Imported from Detroit

    Quote Originally Posted by GeoFisher View Post
    The guy at the top is pennies on the dollar compared to what the UNIONS raped the company for.........GM went broke not over the guys at the top, but rather over the crazy salaries, crazy benefits, and crazy UNFUNDED pensions. NOTHING ELSE.

    Later,

    Geo
    Which really confused me, case the unions got the employees all that money, and the city still went broke. Thought the higher pay would me more taxes collected. Good points Geo, sometimes a short-term benfit translates into a long term dry spell.

  3. #3
    Join Date
    Dec 1969
    Location
    .Radcliff, Ky
    Posts
    710
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    Re: Imported from Detroit

    Quote Originally Posted by GeoFisher View Post
    The guy at the top is pennies on the dollar compared to what the UNIONS raped the company for.........GM went broke not over the guys at the top, but rather over the crazy salaries, crazy benefits, and crazy UNFUNDED pensions. NOTHING ELSE.

    Later,

    Geo
    Ditto!

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