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Wayne.B wrote:
On Tue, 31 Aug 2010 14:05:02 -0500, Jim wrote: Here's the top 10 U.S. bankruptcies. You pick the ones killed by unions. I'll pick the ones killed by management. They're all mine. Every single one. Lehman Brothers Holdings Inc. 2008-09-15 $639,063,000,800 Washington Mutual 2008-09-26 $327,913,000,000 Worldcom Inc. 2002-07-21 $103,914,000,000 General Motors Corporation 2009-06-01 $82,300,000,000 CIT Group 2009-11-01 $71,019,200,000 Enron Corp.* 2001-02-12 $63,392,000,000 Conseco, Inc. 2002-12-18 $61,392,000,000 Chrysler LLC 2009-04-30 $39,300,000,000 Texaco, Inc. 1987-04-12 $35,892,000,000 Financial Corp. of America 1988-09-09 $33,864,000,000 Jim - Facts are easy to come by. But it's even easier to wing it. Speaking of winging it, what makes you think that Texaco went bankrupt? They merged with Chevron in 2001, very succesful at the time of the merger, still successful as a merged entity today. Go argue with the Wall Street Journal, wiki, etc. That's where the chart is from. Next you'll be claiming GM and Chrysler didn't go bankrupt either. FYI, Chapter 11 is bankruptcy. You don't get to make up your own bankruptcy rules on rec.boats. Speaking of Dodge, nice one avoiding answering why so many non-union companies go bankrupt. I'd do the same - if I was prone to dodging and cherry picking. I'm not. So I'll just assume you didn't answer because you can't blame a union. That's clear enough. Jim - Done here. |
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