The Ugly Face of Turbo-Capitalism

http://www.news-gazette.com/news/business/2009/11/04/germany_fumes_over_gm_ditching_opel_sale

Henderson said GM will work with Europe's unions "to develop a plan for meaningful contributions to Opel's restructuring."

Opel worker representative Franz said no. "We won't help shape the way back to General Motors," he said. "Instead, we'll take up our classic function of defending the workers."

(Talk about hitting the nail on the head)

I love reading the soaps.   I wouldn't be surprised if the workers take the management hostage like they do in France.   Now the question is do they really need to keep the German plants open where the workers are walking out?   It looks like there are other places in Europe that would appreciate the additional jobs.  

"After many promises and months of negotiations, the head of GM has left workers out in the cold," Ruettgers said. "This attitude from General Motors shows the ugly face of turbo-capitalism. It is completely unacceptable."

I dont know about you, but if I'm a negotiating a deal and the deal sucks, I reserve the right to pursue other options.