These people are not interested in improving United's performance. They don't give a hoot about fixing the inefficiencies of the operations or past management's failures. For them it is about the ransom they can extract for their own benefit. If they thought they could get away with simply shutting down the company and distributing all the cash to the investors, that's what they would do. The people hurt are only collateral damage, they are raiders, Gordo Geicos', the barbarians at the gate. Management's mistake was they left too much cash sitting around, these miscreants think they can put it into their own pockets. Didn't anyone learn anything from the 80's and 90's. This was one of the primary reasons for the ESOP.

UAL Labor had better get their act together quickly. The Flight Attendants seem to understand the consequences of this move. The message that must be sent is that labor will use "whatever means necessary" to oppose these bandits. It may already be too late, the new owners once they have control will only be interested in the next quarters portfolio performance. Ichan and Lorenzo, (may they rot soon) were not benevolent people, these people are only their latest reincarnation.