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Weekly Audit: Hostile Takeover Threat Spurs Concessions from Michigan Unions

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By Lindsay Beyerstein, Media Consortium blogger


Michigan's new Emergency Manager Law is already forcing major
concessions from unions. The law gives the governor the power to declare a
city insolvent and appoint an emergency manager with virtually unlimited
power to reorganize every aspect of city business, including dissolving
the city entirely. The emergency manager even has the power to terminate
collective bargaining agreements.


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