auto bailout negotiations fail in senate, page-81

Here we go, they pay a pension to three retirees for every current employee:

"In 1962, GM had 464,000 US employees and was paying benefits to 40,000 retirees and their spouses, for a dependency ratio of one pensioner to 11.6 employees. Last year, it had a 141,000 workers and paid benefits to 453,000 retirees, for a dependency ratio of 3.2 to 1."

http://www.businessspectator.com.au/bs.nsf/Article/WEEKEND-READ-GMs-pension-pain-LZ9KD?OpenDocument&src=sph

Crazy isn't it?