Fri, May 24, 2013, 3:28 AM EDT - U.S. Markets open in 6 hrs 2 mins
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Did I see the correct number on a news channe? GM needs $109 billion dollars to rescue the union, UAW, pension fund. If GM can't pay the pension let the UAW pay for it. It is not a tax payer responsibility.
GM is going to invest about $3 billion to get rid of $26 billion of pension obligations. When you understand why that is possible, come back and we can discuss this.
If I were you, I would stick to the drive-by posting. If you want to discuss pension obligations, you're out of your depth.