dog
Member
- Joined
- Jan 7, 2002
- Posts
- 14
UAL 78 I have a clarification for you. Not all or any of the other groups have to participate. This is directly from the ERP letter" the equitable and meaningful participation in the Company's recovery program by the Company's other labor groups on terms reasonably acceptable to the Association and Company: and...."
"In the event any of these conditions are not satisfied or waived by the Company and the Association on or before December 31, 2002" In other words Whiteferg can go at it on his own.
I also thing most folks would pass the ERP if it was a recovery plan..It is all the other stuff thrown in(gutting the contract) that folks have a problem with. Elimate the "gutting" and the thing will pass. BK issue is still there..with the ERP, BK gets delayed not avoided. As far as the stock price, unknown quanity. But, IMHO the fact we don't have a long term CEO and the same Senior "Management " making the same poor decisons (when they aren't following AA) and comments(Brace, Dutta) is a large part of the problem.
"In the event any of these conditions are not satisfied or waived by the Company and the Association on or before December 31, 2002" In other words Whiteferg can go at it on his own.
I also thing most folks would pass the ERP if it was a recovery plan..It is all the other stuff thrown in(gutting the contract) that folks have a problem with. Elimate the "gutting" and the thing will pass. BK issue is still there..with the ERP, BK gets delayed not avoided. As far as the stock price, unknown quanity. But, IMHO the fact we don't have a long term CEO and the same Senior "Management " making the same poor decisons (when they aren't following AA) and comments(Brace, Dutta) is a large part of the problem.