Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at discussion.fool.com or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
From the Detroit News;

http://www.detnews.com/apps/pbcs.dll/article?AID=/20070124/AUTO01/701240401/1148

Detroit automakers and the United Auto Workers are looking at a plan that would transfer responsibility for retiree health care from the companies to the union.

...

The companies would have to put up billions of dollars in cash and stocks, but they would then be free of this burdensome liability. It would be up to the UAW to make sure the fund remained solvent, but its members would have the security of knowing these key retirement benefits could not be taken away by a bankruptcy court judge.


It seems like a long shot, but at least they are looking for new ideas.

- Jeff
Print the post  

Announcements

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.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.