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Leo getting nervous???

miles otoole

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May 7, 2004
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From yesterday's WSJ online:

At the same time, Delta executives have been told that large portions of "bankruptcy proof" special pensions -- granted in 2002 to keep executives at the carrier while it tried to reverse its losses -- might be wiped out if Delta filed for court protection from creditors under Chapter 11. That has stirred concern among top management that Delta could suffer an accelerated departure of key personnel -- with not only executives but other workers taking the cue to exit before a possible bankruptcy-court filing.
 

C425Driver

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Dec 5, 2001
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Leo bailed a long time ago with something like $16M in cash. "Just call me Jerriatric" is the ringmaster of the circus now.
 
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