Financial Times FT.com

Detroit’s union under pressure on high pay

By Bernard Simon

Published: December 14 2008 19:53 | Last updated: December 14 2008 19:53

Blue-collar workers have found themselves as much in the line of fire as their jet-setting bosses in the debate over a bail-out for Detroit’s three troubled carmakers.

The chief executives of General Motors, Ford Motor and Chrysler have assuaged their critics – at least for the time being – by agreeing to draw nominal salaries, sell their corporate jets and forgo golden parachutes.

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