Chrysler Heads for the Chop Shop

Staff / Truthdig Apr 24, 2009 The Treasury Department has cut a deal with the United Auto Workers to send Chrysler into bankruptcy while protecting retiree benefits, The New York Times reports. Fiat would be in a more favorable position to take a cut of the company once it's in bankruptcy. Chrysler's equity stakeholders are shaping up as the big losers in all of this. Dig deeper ( 1 Min. Read )

Blue-Collar Challenge for Democrats

E.J. Dionne Jr. / Truthdig Sep 28, 2007 The GM-UAW labor contract could prove to be a victory of innovative thinking in the private sector. Now politicians should be clear on how they would attack the deepening problems that confront working people. Dig deeper ( 3 Min. Read )