Hal Stack and David Reynolds of the Labor Studies Center commented about Kirk Kerkorian's $4.5 billion bid for Chrysler and how he'd give union workers a chance to own a stake in the company. UAW members are skeptical of exchanging pay and benefits for partial ownership of the company. "A lot of times it's having to cut off the arm to save the patient kind of thing," said Stack. "Most workers in most unions are not going to want to do this. The union has to believe this is really the last straw (to save the company)." Reynolds pointed to the Eastern Airlines example: "Eastern was in a financial tailspin. Unions gave wage concessions in exchange for stock ownership. They really had a say on the shop floor and in the boardroom." He noted that the unions found enough ways to cut costs that they won back some of the workers' lost wages.