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The UAW Finds Out Detroit Is "Too Big To Fail"

247Wallst | Tue, 01/13/2009 - 1:27pm | Detroit auto industry, GM, UAW |  Add a comment

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The UAW is dragging its feet in negotiations with GM (GM). That could be risky business. The federal government reserved the right to put the car company into bankruptcy if it did not come up with a reasonable restructuring by March 31. GM has to get the union and creditors in line or the cost
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