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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Mongo2116 who wrote (834307)	2/4/2015 6:19:53 PM
From: Broken_Clock	2 Recommendations Recommended By locogringo TideGlider Read Replies (1) \| Respond to of 1578204

Gene = ignorant Nonunion Delphi Retired Employees Get Shaft in Auto Bailout Submitted by Carl Horowitz on Thu, 12/31/2009 - 13:11 When the Obama administration this past spring forced the bankrupt General Motors and Chrysler Corp. into virtual public receivership, officials justified the action as crucial to the survival of the auto industry and indeed the entire economy. Yet this unprecedented action has had several downsides, one of the less heralded of which has been the sudden vulnerability of current and retired employees who don't belong to a union. Case in point: the roughly 15,000 nonunion retirees of auto parts manufacturer and former GM subsidiary Delphi Corporation on the verge of losing their pension, health insurance and life insurance benefits. These people are getting a first-hand lesson in the drawbacks of not being politically connected. That's something members of the United Auto Workers (UAW) and other auto industry-related unions don't have to worry about.