'Canadian Union Leader Opposes Private-Equity Deal for Chrysler' - The Washington Post
"The leader of the Canadian Auto Workers warned against private-equity control of Chrysler, calling it the "worst-case scenario" for the automaker and a prelude to plant closures and worker layoffs.
"Our fear is private equity," Buzz Hargrove, president of the CAW, said in an interview yesterday. "They are not out to build cars. It could mean throwing a lot of people out of work and then reselling" the company."
Continue reading": Sholnn Freeman and David Cho, 'Canadian Union Leader Opposes Private-Equity Deal for Chrysler', The Washington Post, Tuesday, March 6, 2007; Page D02.