[Neanderthal]

"I wonder if GM goes bankrupt, does that end the pensions of their retiriees?"

Nope. If you want to know who'll be paying those pensions, just look in the mirror. Joe Taxpayer.

[Anti-Bubba182]

You mean the govenment gaurantees those big UAW Pensions!

[longtermmemmory]

HOWEVER a bankruptcy judge will not look kindly on the jobs bank clause if the union objects to the inevitable GM effort to avoid that aspect of the contract.

Those who do not take the parachute may live to regret their selfishness.