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Detailed text transcripts for TV channel - FOXNEWS - 20110919:17:06:00

some analysts say that is good news, since the union was reportedly hoping to land bonuses of up to 10,000 a worker. stu varney is with the fox business network and the host of varney & company. the signing bonus goes to people who already have jobs? reporter: the signing bonus goes $5,000 each to 48,500 regular workers at general motors. everybody who works at gm, everybody on the line gets $5,000. why do you get assigning bonus if you already have the job there? isn t assigning bonus used to lure someone into the job. reporter: yes, goodoint. let me give you context here. the taxpayer, that is the government, owns 26% of general motors, a hundred million shares. the government therefore has a very heavy influence on these contract negotiations. what they ve come up with is basically in my opinion a sweetheart deal for the unions. as youee phaoupl natured there, megyn it s a four year deal, $5,000 to every single worker. no worker will pay a dime extra

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