Monday, August 27, 2007

Steel Merger

US Steel to buy Stelco for $1.1bn

This was the merger the Steelworkers union was looking for. And how much it was facilitated by the USW President Leo Gerard, who is from Canada, well that's anyone's guess. Wink, wink, nudge, nudge, know what I mean.

It's just good fortune that they both share the same union. A union that practices and advocates for mergers and acquisitions.


Mittal Plays Monopoly

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