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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (438495)12/5/2008 2:43:52 PM
From: Joe NYC  Read Replies (1) of 1574180
 
Ted,

Look....you are blaming the union for GM's administrative costs, pretending that they are labor costs when they are not.

No, they are under cost of goods sold (which includes labor costs). They are not under G&A.

Take your pick. In any case, GM's labor today can't be blamed for mgmt's past mistakes.

No, labor today, 12/5/2008 is still to blame for majority of GM's problems. Nothing changed from yesterday. The crushing contract is still in place.

Joe
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