GM, Chrysler Idle as Union Talks Threaten Recovery Plans

With talks and debates aimed at negotiating a recovery plan for the automotive industry, finally looking like they might reach a settlement, they're yet again blocked off by the UAW. Since the UAW are looking for more benefits, the talk of bankruptcy from senior adviser David Axelrod is no longer an option at the moment. Talks with the UAW are set to resume later this afternoon about retirees and thier health care. With the annoucement from both Chrysler and GM that both companies are going to be laying off several thousand employees, a settlement is far from being reached.

http://www.foxnews.com/politics/first100days/2009/02/15/axelrod-auto-industry-needs-major-overhaul/