March 18, 2009 / by emptywheel

 

Gary Peters: Why Is It Okay to Abrogate UAW Contracts But Not Wall Street’s Contracts?

Gary Peters asks the question all Michiganders have been asking since September. Why are UAW’s line workers forced to renegotiate their contracts and GM’s engineers forced to forgo bonuses, but not the banksters who ruined the economy?

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Originally Posted @ https://www.emptywheel.net/2009/03/18/gary-peters-why-is-it-okay-to-abrogate-uaw-contracts-but-not-wall-street/