Originally Posted by
DelDah Capt
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So the award is for $44 Million, but after the lawyers take their cut, there will be $28 Million left over? Just goes to prove that only real winners in these things are the lawyers.
Having lost my Defined Benefit retirement in bankruptcy as well, I can somewhat sympathize, but using my dues to mitigate someone else's losses just doesn't sit right.
It doesn't sit right with me either, and I'm surprised to see the conventional wisdom here to be "bend over here it comes." I read a lot of hard nose attitudes regarding future contract negotiations, and not giving up X to get Y. So why isn't of that type of thinking prevalent when it comes to this event? In this case ALPA was found to have erred, and the result is a loss of funds we've all paid into. Yet, the sense here appears to be that mistakes will happen; so be it, let's give them more of the money we've earned and we'll go home with less.