Thread: UAL Pensions
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Old 10-06-2007 | 01:36 PM
  #15  
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bigfatdaddy
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Originally Posted by John Pennekamp
Because management (Tilton in particular) has no interest in running a viable airline. Their only goal is to inflate the stock price, cash in options, get filthy rich, then move on.

It's the BOD of the airlines who allow it who should be jailed as accessories to fraud.
Making the news latley - Tilton is quoted to say that UAL is investing billions to increse the value and position United for consolidation. It is his view that that's the only way to avoid the up and down cycles in the industry. I don't know - doesn't sound all bad.
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