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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (37)	6/15/2003 4:07:29 PM
From: ild	Read Replies (1) \| Respond to of 110194

Do you think there is a good chance big auto will be able to get large concessions from the unions? I think that automakers should start building inventory in anticipation of strikes. I'm short Ford and think that only two things can save it from BK: much lower USD against JPY and/or much lower labor wages.

To: russwinter who wrote (37)	6/15/2003 8:23:59 PM
From: Ramsey Su	Read Replies (3) \| Respond to of 110194

russwinter, I wonder if the numbers are still correct. All the major airlines just completed labor contracts in order to come out of, or avoid, bankruptcy. I seem to remember the CWA reached some agreements not too long ago. The auto industry is obviously the biggie. In addition, I wonder if the public employees associations are going to be screaming bloody murder soon with all state budget problems. Then again, "they" tell me that 2h recovery is certain. I am just too stupid to understand this new concept called "jobless recovery"? Ramsey