Originally Posted by Gspeed

The truth hurts sometimes.

Originally Posted by Nick Bradshaw

More personal attacks (TOS violation). Call me names all you want but I'm not going to be silenced just because you don't like what I have to say. I told you this last week when you tried to get the mods to boot me... again.

Have a nice day. Stay out of the CPO.

Originally Posted by JamesBond

evidently.... and no what you wrote doesn't explain anything. Where is the money? Frankly, I am not sure this is legal, but I was watching American Greed on my commuter flight home last night, so perhaps I am springloaded to looking for scams.

I think this thing is a pretty decent deal all in all, but, I don't like the fact that I got a lot of hemmin' and hawin' and no real explanation as to where/how the money is invested.. and that was from the Fidelity people.

I'm actually somewhat amazed that so many are so accepting of the fact that their money is held somewhere... by somebody.. and you have no clue as to any of the particulars.

Originally Posted by Gunfighter

What does CPO have to do with MBCBP? Are you making a veiled threat insinuating you would use CPO connections against a poster you disagree with?

Originally Posted by Jughead135

Look, I don’t disagree that there’s a severe lack of transparency. I’m just pushing back against the unwarranted (misdirected, at least) snark.

You asked for a source for the “40/60” design. I provided one.

You asked where exactly is the money. Making no pretension to having an exhaustive answer, I let the content of the FAQ answer speak for itself (in reality, I was only going for the first question, it wasn’t until you surprised me with your response that I fully appreciated the second).

Fidelity—whatever you may think of them as a financial custodian, good or bad—is hardly some fly-by-night shop likely to be gone when you want your money. More transparency? Abso-freakin’-lootly! We have “no clue” where/who/how it’s held? Nah….

Originally Posted by notEnuf

Let's not forget it was a take it or leave it deal written entirely by the company with regards to open sections. Let's also not forget it was an ultimatum given by the government and further negotiations were not allowed. The deal is done and we move on but history is a lesson. This is not how it had been done prior, whether that's a good or bad thing is for each to judge but it was just as much an arbitrated settlement as it was negotiated.

Originally Posted by FL370esq

Ted...always enjoy reading your posts. But I will respectfully disagree with your insinuation that JB's "mean lady" basically arbitrated our current PWA.

First off, very minor point but we negotiate under the auspices of the NMB because we are subject to the Railway Labor Act (RLA) rather than the much more labor-friendly (legislatively directed, even) National Labor Relations Board. Think UAW who was permitted to and actually did strike this year.

I know what you are trying to say with regard to arbitration but having actually been involved in the process before, this wasn't even close to a collective bargaining agreement arbitration decision - ask Alaska Airlines pilots how their arbitration went in 2005. Arbitration is basically a non-jury civil trial where the arbitrator acts as a judge and jury and both sides present their proposals on a limited number of "stalemated" issues (usually pay stuff) through written "briefs" (ironically, not so brief) and oral argument. The arbitrator takes the two sides' arguments and decides which side wins (no middle ground in final binding arbitration) and then crafts a written decision explaining why he/she/they picked one side over the other. That's it...that's your new agreement on those issues (again, ask Alaska pilots how that binding decision went in 2005). Once the decision is handed down, it is extremely difficult to successfully appeal the decision of an arbitrator. JB's scary lady was a scary couples' counselor who likely favored the positions of one spouse over the other, but she was no judge and jury.

Originally Posted by JamesBond

That is simply untrue. Your entire post is nothing but flamebait.

Originally Posted by Hossharris

arbitration is something else, all together.

Originally Posted by Wolf424

(Stares intently)

Arbitration is something else