Chrysler and Employee Ownership?
For the first time since the economic challenges hit the world, official Washington is looking to employee ownership in a unique form at Chrysler and GM -- employees will have a stake in the company. This is good news and bad news. Good news in that it shows a psychological and philosophical acceptance of employee ownership in some form as the desired outcome under certain circumstances. Bad news in that it is not an ESOP. And, like many of the ownership schemes...
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