Thread: ESOP United
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Old 05-16-2020 | 10:50 AM
  #5  
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Originally Posted by holeybuckets
ESOP stock was a necessary deal (subject to opinion) with poorly negotiated restrictions. The shares were non voting and you couldn't sell them until you retired. What union leadership would sell that to it's members? The same leadership that gave us a bad bankruptcy contract. Why not give me the same stock management gets, discounted, voting, and I can sell almost immediately. Sorry in advance for the rant.
The union leadership gave us the bankruptcy contract? Good Lord.