Originally Posted by
scambo1
My take is that CS focused only on the profit sharing piece.
The company asked the union to abdicate their responsibility to us and the union agreed to do that. That wasn't baked into the credit Suisse article.
Just wondering why the negotiating committee didn't walk away from the table.
Did somebody get paid?
I think we're viewing this all wrong.
What we got wasn't a negotiated TA but rather the company's opener. It was just a straight pass through. This way the NC lets us see what the company wanted.
There may unfortunately be a few holes in that theory.