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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#OT# GM bankruptcy closer?
F. George McDuffee wrote:
Our Detroit "rescue" dollars in action... (Remember that GMAC got a separate boodle bundle also...) Why does the phrase "take the money and run" keep echoing???? Because the rank and file bought into great bennies down the road and early retirement. Something not sustainable with GM's market share. Down the road is a big problem for GM and buying off some to take the money now and leave solves a few problems for GM. GM management is playing high stakes poker. The employees have a seat at the table and get to decide to take their chips now or keep playing. Hard choices. Wes |
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