I understand that we did ask, and RA said that Delta "is not in a position to do that" (translation: "We don't want to and we don't have to"). :mad:

Of course they don't want to, they would rather use our retirement money to buy back stock to reward themselves for being such outstanding individuals! :rolleyes:

That's why we need to go to both the PBGC and the courts and have them ordered to fund our DB plans, BEFORE they use that money (OUR MONEY!) to buy back stock!

We'd have better shot of getting an industry wide effort to make the airlines to step up to the plate. Many of them have dumped pensions on the PBGC only to turn wildly profitable. The stock buy back schemes should be ****ing off the PBGC. I would assume management has an earnings per share performance pay metric.

Dino, PAC guy, where are you?

Congress is well aware of the pbgc insolvency. Witness the latest legislation hiking premiums and allowing recasting the multi employer benefit payments.

So there is probably already existing political momentum.

The only question to be answered is if for $50 million a year....alpa will do something other than take the easy way out.

Just sitting back with a bag of popcorn and waiting for the games to begin. My guess, summer 2016 will be another blockbuster or potentially an inverse squared function.

Sailingfun, be sure to PM me after this post and threaten some company action.

No kidding, RA will be backing up Brinks trucks on Virginia Ave. We can only hope the Compensation Committee decides boost his compensation from 17 million a year to a cool 20. How does he get by?

I'll bet it'll be a lot more than $20M!

I'll go with $30M.

We should start a pool, closest to RA's pay gets....a free cup of Starbucks!:rolleyes:

Oh, and I'll bet Ed buys a new condo on the west coast!

Not trying to add insult to injury..... but I'm pretty sure he also still has his pension....

DOH!

And don't forget where he was working just prior to Delta, United Heath Care. So I'll bet he's got a pretty sweet retirement health care package too.:rolleyes:

You mean he won't have to go :eek:bama care like the rest of us underlings........