Intel Corp (INTC)

[Sarmad]

>> If the bail-out contains strings that cost the unions jobs or money they have not helped them.

Well, the deterioration in car sales has proceeded faster than anyone imagined. US auto sales last year were at the 16m annual level (down from 17m - 18m in prior years). They are now expected to be under 12m/annual rate (for next year). I don't think unions will succeed in keeping employment at previous levels. An estimate of 100,000 jobs eliminated is a conservative estimate in my opinion. But as you say, we'll find out within weeks or months.