Originally Posted by BobZ

It is not within our ability to know the mind of another.....and i would not attempt to defend the term of JM as mec chair.......

The lead up to bankruptcy was a time of many conflicts....some believed it was inevitable...and the pension termination would closely follow.....others believed we could 'do it once....yada yada yada....'

When i watched grown men in tears as they stood at the company roadshow mike pleading with grinstien......it was clear to me our goose was cooked.

Whatever JM's personal judgment was leading to bankruptcy....its clear our collective judgment was in error. I dont think it would be unreasonable to surmise JM had some aspirations for higher alpa office that may have influenced his priorities to spare no effort to save the flagship retirement model of not just alpa......but also the entire afl-cio.

That metric ran deep in dalpa, and this pilot group. When ron allen became ceo.....a close associate who was partners in a financial services company.....specializing in pension trust money management....invited me to lunch after meeting our new management team. my associates firm managed a chunk of the delta pension trust and were summoned to receive direction for future investment strategies.

When asked what he thought of ron allen....my associate informed me his company would be losing the delta account....because the investment strategy outlined at the meeting by delta went beyond irresponsible. And if he were me....."I would be extremely concerned about the solvency of the trust"

Dutifully...I called the mec offices to relay this alarming insight......the answer I got was an angry...."your source is full of crap......and HELL WILL FREEZE OVER BEFORE THE DELTA PILOTS WOULD LOSE THEIR PENSION!."