Yeah, once again it feels weird in my mind that the shareholder-class needs defending, but in GM's particular case, they went bankrupt. The UAW didn't save that

Yeah, once again it feels weird in my mind that the shareholder-class needs defending, but in GM's particular case, they went bankrupt. The UAW didn't save that company, they're gone. The UAW definitely made sacrifices to put new GM on solid footing. But my opinion is that the tough truth is that I don't think you can readily expect things to go back to GM 1.0, ever. It's just tough to assess how much GM genuinely acting on what it feels are existential threats. I will readily admit, I'm sympathetic to the company making hard to swallow decisions in its long term interests. I'm just thinking, if GM fails again, that's going to do zero good for the UAW, and I really feel like the UAW isn't taking that seriously enough.