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"Manufacturing base? We don't need no stinking manufacturing base!"

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Delphi, General Motors and the United Auto Workers have reached a deal to offer early retirement packages to 113,000 hourly laborers.
Workers taking packages will receive anywhere from $35,000 to $140,000, depending upon their years on the line.
The first ten thousand workers to accept this package will also receive a lifetime supply of Wonder Bread and free admission to this summer's Ringling Brothers & Barnum and Bailey Circus of Amazing Animals and Fabulous Family Fun.
Delphi, GM, UAW Reach Agreement to Offer Buyouts to 113,000 Hourly Workers [Yahoo]


Einhorn: We Don’t Need No Stinking Ratings Agencies

David Einhorn likens not having ratings agencies to when his parents decided to move to Wisconsin when he was seven. “I didn’t know what would happen. I was very upset at the time, but we moved it kind of worked out OK. The idea that If we didn’t have official ratings, that something bad would happen, I don’t think that makes much sense.”