UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: MandBinc Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35272  
Subject: NYC Transit Unions PT2 Date: 12/16/1999 3:56 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
There is currently a tentative settlement that still needs to be ratified by the rank and file.

The reported wage settlement is 12% over 3 years versus 9% over 4 years. There are also a lot of reports about unhappy Union Members, in a splinter group, calling for rejection of the new contract.

There were also some reports about City employees, Cops and Teachers, looking at the MTA contract and indicating they would expect similar if not better treatment.

What does all this mean? The word starts with an In and ends with a flation.

Watch those bond yields as the bulls vacate the playing field.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement