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    Posted March 26, 2009 by
    BillysDad |
    Location
    bangor, Maine
    Assignment
    Assignment
    This iReport is part of an assignment:
    Sound off on AIG[1]

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    Buy out retirement at GM as good as AIG bonuses

    By BillysDad  |  Posted March 26, 2009  |  bangor, Maine
     

    http://money.cnn.com/2009/03/26/news/companies/gm_buyouts/index.htm?postversion=2009032613 Quotes from this CNN article, "More than 90% of those taking the package are eligible for retirement and will receive full pension and health care coverage, in addition to the buyout package, which includes $20,000 in cash and a $25,000 voucher towards the purchase of a GM car in most cases."

     

    Isn't GM taking tax payer bailout money?  People were outraged at AIG bosses getting big money.

     

     

    But be a unionized auto worker who's company is taking bailout money you get healh care and retirement for life, $20,000 cash and a voucher for a new car and no one in government cares

     

     

    I thought the pension and healthcare was what was killing GM...now they give more of it away?

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