How The Financial Crisis, Stock Market Crash, & Economic Collapse Happened
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that little clip of the UAW is a good reminder why the big3 cant just make cutbacks in business to remain competitive like other auto makers...they spend 30-40% more per-employee in compensation than toyota , and they cant just change that cause its not under their control , its in the UAW's hands...all the union has done for the big3 is cause them to bleed money to the point they cant even turn a profit...foreign brands simply cut their management and employees pay to keep from going broke
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I really wanted to use Stan O'neal instead of John Thain in this video. Not saying Thain is a saint, but it was mostly O'neal's decisions that ran ML into the ground...
optionmaestro 2 years ago
View this original video by clicking on the first link in the info description box.
optionmaestro 2 years ago