Daily Archives: March 3, 2010

NUMMI Closure To Cost Taxpayers

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That Blue Ribbon Commission report State Treasurer Bill Lockyer promised is out today.  UC Berkeley Professor Harley Shaiken crunched the numbers and concludes: Plant closings are damaging in good times but become devastating during hard times. The Council of Economic … Continue reading »

Some Relief for NUMMI Workers

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This just in from Reuters: The Pension Benefit Guaranty Corporation, the federal agency that insures corporate pensions, says it will assume responsibility for the plans of 5,800 workers and retirees of NUMMI in Fremont. As previously reported, New United Motor … Continue reading »