Tuesday, February 8, 2011

Taxpayers To Pay GM Workers Record Bonus

Lovely.......
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From Sweetness & Light.
DETROIT—General Motors Co. is planning to pay its hourly workers in the U.S. at least $3,000 each in profit-sharing payouts, the largest amount ever, after the company’s return to profitability in 2010, people familiar with the matter said.
GM in the next week is expected to disclose the size of profit-sharing checks that go to 45,000 workers as part if [sic] the auto maker’s contract with the United Auto Workers union. The figures are still being finalized, the people familiar with the matter said…
Keep spreading that cash around GM, its not yours anyway........

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