Union Trust
Latest Union Trust News
-
Deadline for GM bondholders approaches; bankruptcy possible
the company owes the government $19.4 billion. The union trust was to get 39%, with 10% going to the bondholders reverse stock split. But under the UAW agreement, the union trust would get 17.5% of the shares, plus a warrant for
-
Report: UAW trust to get 17.5% of GM shares
amount they are owed. The Associated Press obtained a summary of GM's agreement with the UAW, which also gives the union trust fund a warrant for another 2.5% of GM's stock. The summary says most of GM's 61,000 hourly workers will get
-
Ford says new UAW pact gives it parity with foreign makers
share in 2009, $2.10 in 2010 and $2.20 in $2.11. Ford would give up the option to make up to 50% of its union - trust payments in stock if the company's shares fall below $1. Ford is the first to make changes to its UAW contract
-
OPINION: Mis-Immigration
so far is "trust us." But as Reagan said, although he was speaking of another establishment, the former Soviet Union : " Trust but verify." The American people would like to trust their government to do what it promises, but there is no evidence
-
The Insider: Daily Terrorism Report
still call northern Iraq. (LA Times) Fingerprinting Visitors President Reagan's axiom for dealing with the Soviet Union " trust , but verify" has found a fitting new use in the Homeland Security Department. (CS Monitor) Refereeing in Hell
