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United Auto Workers Chief: Union Will Sell Its Chrysler Stock - Political News - FOXNews.com: "Gettelfinger said that critics who think the union is getting a better deal than Chrysler's secured debtholders are wrong because the UAW is taking a big risk with Chrysler stock funding the trust. The stock is worthless today, he noted."
Unfortunately the most likely way for the stock to have value is for the government to give it value.
Tuesday, June 16, 2009
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