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Author: killtheump Big gold star, 5000 posts Old School Fool Ticker Guide Home Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 17996  
Subject: Re: Ford's UAW Risk Underestimated Date: 11/21/2009 12:02 PM
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tgellis Why would the UAW want Ford to succeed when Ford's failure could land the UAW a large equity stake as it did in GM and Chrysler?

An interestiong perspective, but pure folly. Perhaps that works for any surviving members of the union, but driving Ford into bankruptcy will close more manufacturing facilities, move more jobs to Mexico, and dramatically reduce the union's membership.

The UAW's interests are best served by stabilizing or increasing membership, and that means maintaining as many manufacturing operations and assembly plants in the US as possible. Ford and the UAW has had a good relationship for quite awhile, and I'm of the belief that the UAW will do what it can to ensure Ford continues to increase it's market share.

Doug
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