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labor unions - All posts tagged labor unions

  • Feb 28, 2012
    10:33 AM ET

    Labor Unions Clobber Stocks

    Speaking to Michigan conservatives ahead of Tuesday’s primary vote, Mitt Romney placed much of the blame for the 2009 bankruptcy of Chrysler and General motors on the United Auto Workers union, saying it made excessive demands.

    Republicans and Democrats may have different beliefs on the matter. But stock investors should put politics aside and take a cue from Mr. Romney’s private equity savvy. Unions and investor returns often don’t mix well, and a new study measures the relationship with striking results.

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