Replies to post #523 on Motors Liquidation Company (fka MTLQQ)

[thesource]

I don't see the union going anywheres anytime soon .

[Orvis]

"personally, i can't see the union giving in, its better to get rid of them "

Probably easier said than done but they are no doubt the major problem. I think their product can compete if the costs could be kept under control. I really don't think the union gets it either so how do you deal with that? It's the reason American manufacturing has gone off shore.

[garza]

re: "personally, i can't see the union giving in, its better to get rid of them"

The head of the union was on CNBC this morning and he basically backed off big time. He is willing to go to the table on anything, according to him.

If the cow dies, there is no milk and they know it.