Kev3188
Veteran
There were VERY heated Congressional hearings held today Chaired by Congressman Oberstar with the NMB Chair X NWA employee Read Vander Flunky in the hot seat. There may be changes to the election process BEFORE any Union election. The policy of counting ONLY those that vote Yes or No may become law vs. if you don't vote, it's considered a No vote (a corporate wet dream).
The reasoning being that if it (standard voting procedures) is good enough for the Federal government of the United States, it's good enough for Union elections.
Do you have a link to this? I believe you; I just want to read the testimony...
Now is when things will start to get hot. Moreover, JP Morgan is in VERY bad shape (2nd largest shareholder in both companies and a driving force for the merger). They better hope they are still around by next week if there is no bail out of Taxpayers money.
How do you like that..we pay them to ruin our companies. I say let Wall Street self destruct.
Hmmmm... Interesting indeed!