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#2
12-20-2005, 11:51 PM
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Re: Walking the Picket Line
[ QUOTE ]
I know from working on GM and Delphi debt deals that excessive union concessions can bankrupt a company. Watched the companies debt go to junk, defaulted on benefits and pension, laid of all the workers anyway. [/ QUOTE ] This is a government agency that ran a 1 billion dollar surplus last year. 
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