Comment on The Big 3 automakers now have record offers on the table. UAW says they can do more
Hoomod@lemmy.world 2 years agoBut won’t you think of the shareholders?!
Comment on The Big 3 automakers now have record offers on the table. UAW says they can do more
Hoomod@lemmy.world 2 years agoBut won’t you think of the shareholders?!
wintermute_oregon@lemm.ee 2 years ago
You realize gm shareholders lost everything in the last bailout. That includes the workers who had stock as well.
Many people are myopic and forget the workers are shareholders. My dad was a uaw for most of his life. I lost all his shares in the BK. I only kept them for sentimental reasons but they’re gone.
Nudding@lemmy.world 2 years ago
Do you think that’s who we’re talking about?
wintermute_oregon@lemm.ee 2 years ago
Yes. Since pension plans are some the largest shareholders. People don’t understand who shareholders really are. They think they’re some mythical person when really it’s pension funds.
Nudding@lemmy.world 2 years ago
No. We’re talking about controlling shareholders. Board members, executives, etc. Good try though.