This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

Oh, if I had just gone to work in the car business! I’d be banking coin right now. $140,000 if you have 10 or more years of experience and want to forego all future benefits (like anyone in their right mind would count on them!). Um, yes, please!?

GM’s annual loss last year was a record $38.7 billion. If they had just paid all 74,000 UAW workers the $140,000 payout and quit making cars at the beginning of last year, they would have saved $28.3 billion dollars!

This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com