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Re: [Pen-l] Can anyone explain this


On May 1, 2009, at 2:40 PM, Michael Perelman wrote:

But the unions had no operational control of UAL.

Ditto Chrysler. The tentative plan is for the union to get one board seat, despite owning 55% of the stock - the same as the government of Canada, which will hold 2% of the stock.

Doug
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