Sean McAlinden
Sean McAlinden
cut eyes finally happened joined necessary percent union york
Clearly, the dividend cut was overdue. It's interesting that it only finally happened when (Jerome) York joined the board. The 50 percent dividend cut in the eyes of the union is a necessary action, it had to happen.
firing gm people putting remember street
I don't remember GM ever doing anything like this before, not firing people and putting them out on the street with a box. They were called 'Mother GM' for a reason.
entire force happened labor turning
Turning over an entire labor force has never happened on this scale.
chunk enter gm good situation
GM may have to enter this situation and take a good chunk of Delphi back.
becomes boats growth lift market price rising sales tides
Where there's not sales growth in the market at all everything is market share, everything is price and it becomes particularly vicious. There's no rising tides to lift any boats in this market.
compared dirty gloves kid pool seen workers
In Caterpillar's time, replacement workers were seen as dirty pool by the union. That was kid gloves compared to bankruptcy.
accelerate ford gets hundred last left michigan people state thousand wake
As Ford gets smaller, Michigan will get smaller. One hundred thousand people left the state in the last two years, and this will accelerate in the wake of Monday's announcement.
accord best built honda picture scariest town toyota value
The scariest picture in town is the Hyundai Sonata. It's the best value in the automotive market. It has everything that a Honda Accord and a Toyota Camry has, and it's built in Alabama.
america beginning industrial marks
This marks the end of 20th-century industrial America and maybe, finally, the beginning of 21st-century industrial America.
faster gm past shape
They're liquidating, they firing, they're retiring. This is a GM that's getting in shape much faster than it's ever before, in any past restructuring.
drives full months people rich seems spends system weeks
It really seems to infuriate a lot of Americans. They give the rich people that live on (bond) coupon clipping in resorts all over the world a full pass. But when some autoworker spends weeks or months on a system making that much money, it drives people crazy.
closed gap
They've closed the productivity gap wonderfully, but they had to do so, because it's the thing they could address.
category economic
It's our Category 5, our economic New Orleans.
far miller wants willing
It's up to the UAW to make a counteroffer. Miller wants to see how far they're willing to go.