Wednesday, April 29, 2009

This should be good

The future model of the Detroit automobile companies is evidently going to be a marvel of entrepreneurial genius. It looks like the United Auto Workers (UAW) would own 39% of GM. The federal government would own 50%. The creditors will be shafted with just 10%. In the Chrysler plan being discussed, labor would own 55%, making it effectively a subsidiary of the UAW. BestView looks forward to the labor negotiations between the Obama administration and the union bosses. Maybe we'll just stick with Toyota products.

Personal Unsecured Loan