New Contract Opener 22 Dec 15
12-29-2015 | 08:13 AM
#141
Gets Weekends Off
Joined: Feb 2006
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From: 767A (Ret)
12-29-2015 | 09:24 AM
#142
Runs with scissors
Joined: Dec 2009
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From: Going to hell in a bucket, but enjoying the ride .
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!
12-29-2015 | 10:47 AM
#143
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Joined: May 2015
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From: Power top
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?
Dino, PAC guy, where are you?
12-29-2015 | 12:00 PM
#144
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Joined: Jun 2015
Posts: 4,116
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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.
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.
Last edited by BobZ; 12-29-2015 at 12:11 PM.
12-29-2015 | 05:55 PM
#145
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Joined: Apr 2014
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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!
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!
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!
Sailingfun, be sure to PM me after this post and threaten some company action.
12-29-2015 | 06:46 PM
#146
Gets Weekends Off
Joined: May 2015
Posts: 2,960
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From: Power top
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?
12-30-2015 | 07:52 AM
#147
Runs with scissors
Joined: Dec 2009
Posts: 7,847
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From: Going to hell in a bucket, but enjoying the ride .
I'll go with $30M.
We should start a pool, closest to RA's pay gets....a free cup of Starbucks!
Oh, and I'll bet Ed buys a new condo on the west coast!
12-30-2015 | 12:16 PM
#149
Runs with scissors
Joined: Dec 2009
Posts: 7,847
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From: Going to hell in a bucket, but enjoying the ride .
bama care like the rest of us underlings........
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