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Overnight Open Thread

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3 wood2/16/2009 4:31:56 am PST

re: #417 Fenway_Nation

It might. Overall it will have a further downward effect on the market overall.

The biggest cost problem they have is labor and legacy costs. The union is refusing to do much adjusting, cause they have a legitimate contract and they evaluate that the Democrats will not turn on a union. They are playing a game of chicken, betting that the Democrats will not force the auto companies into bankruptcy.