"History is a wonderful thing, if only it was true"

Thursday, April 30, 2009

UAW vs Teachers Union?

Part of the problem

Lenders Fault Treasury in Chrysler Bankruptcy - DealBook Blog - NYTimes.com

"NEW YORK - (Business Wire) As of last night’s deadline, we were part of a group of approximately 20 relatively small organizations; we represent many of the country’s teachers unions, major pension and retirement plans and school endowments who have invested through us in senior secured loans to Chrysler. Combined, these loans total about $1 billion. None of us have taken a dime in TARP money."

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