Here is the union's perspective:
http://money.cnn.com/2012/11/16/news...ing/index.htmlOur members decided they were not going to take any more abuse from a company they have given so much to for so many years," Hurt said in a statement late Friday. "They decided that they were not going to agree to another round of outrageous wage and benefit cuts and give up their pension only to see yet another management team fail and Wall Street vulture capitalists and 'restructuring specialists' walk away with untold millions of dollars.
There had been a previous bankruptcy in which the union gave major concessions apparently, only to see the company be run poorly by vulture capitalists and hedge funds. The workers probably just got tired of giving concessions that went directly into the pockets of Wall Street parasites instead of making the business a going concern.