LJDRVR
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 1,134
I hate to see anybody lose their jobs, but United needs to be put in chapter 7 immediately.
I am disguted by the ability of an enterprise run by morons to hide behind the bankruptcy laws while failing to meet obligations to it's own employees. United is about to saddle the US taxpayer with an additional 7 Billion dollars worth of debt because they dont want to pay their own people's retirements. United owes it creditors 50 BILLION (that's not a typo folks) dollars, yet is able to skirt it's obligations while hiding behind a phalanx of lawyers and a bankruptcy judge that needs a mental competency hearing. There are no consequences for this criminality, in fact, United will use this perversion of Chapter 11 laws to be able to skirt it's responsibilities long enough to come back and compete with others carriers on an un-even playing field. (Fortunately, the financial reality of the situation, and the high likelyhood of self-help action by the workers will preclude this for going on forever.)
They've had their chance, it's time for United's leadership to face up to it's obligations. Namely, your employees and your creditors. 50 billion dollars! enough is enough!
I am disguted by the ability of an enterprise run by morons to hide behind the bankruptcy laws while failing to meet obligations to it's own employees. United is about to saddle the US taxpayer with an additional 7 Billion dollars worth of debt because they dont want to pay their own people's retirements. United owes it creditors 50 BILLION (that's not a typo folks) dollars, yet is able to skirt it's obligations while hiding behind a phalanx of lawyers and a bankruptcy judge that needs a mental competency hearing. There are no consequences for this criminality, in fact, United will use this perversion of Chapter 11 laws to be able to skirt it's responsibilities long enough to come back and compete with others carriers on an un-even playing field. (Fortunately, the financial reality of the situation, and the high likelyhood of self-help action by the workers will preclude this for going on forever.)
They've had their chance, it's time for United's leadership to face up to it's obligations. Namely, your employees and your creditors. 50 billion dollars! enough is enough!