Putting the hyperbole, hysteria and hearsay to one side for a moment, it appears from the report that what actually happened was that the investor group presented the unions with the new contracts and the unions asked for time to read and consider the contracts. This seems like a reasonable request to me and the investors seem, upon reflection, to have had the wisdom to allow them some time for this. Perhaps both sides realised that contracts signed without consideration have very little chance of being effectively enforced. I realise that I might be wrong but I think we should hope for the best rather than the worst outcome.