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U takes the "Chapter"


A serious CRM problem!
Dec 1, 2001
Total Time
Just heard on CNN that U is going to take the "Chapter."

How ironic that they decide to take the chapter only AFTER the employees have made concessions.

As I recall, the concessions made by the unions have bankcruptcy clauses that allow U management to cut a bit more deeper.

My guess is that management was waiting to line up deals with labor first before filing for bankcruptcy.

I am sure that they will be coming back to the unions a second time for additional concessions.

my $.02