Historical or Hysterical, We shall see
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From: MD
On Nov 19th of last year I wrote on this forum (about 10 months ago),
"Personally, i think the train has left the station. All there is is the brakeman who is called "50%+1". This thing will be a huge pot of money which means a big pot of management fees. That is a strong incentive for any union to gets it's fingers in (local or national), or any one who can finagle a way to get a drop. And, everyone wants to save face. It takes a strong person to say, "I just wasted XX months/years of my life on XX and it was a bust". And, as for the company, this thing can be structured in the details so they really go for it on top of offloading the risk issue. Over the course of the last two decades and some, how many former union officers ended up in management? I not saying this is inherently bad, but if you could secure a different pension plan from the company that is better than our A plan, would you take those actions to do it?"
I haven't seen any information to disabuse me of this notion. Then again, I may just be hysterical.
"Personally, i think the train has left the station. All there is is the brakeman who is called "50%+1". This thing will be a huge pot of money which means a big pot of management fees. That is a strong incentive for any union to gets it's fingers in (local or national), or any one who can finagle a way to get a drop. And, everyone wants to save face. It takes a strong person to say, "I just wasted XX months/years of my life on XX and it was a bust". And, as for the company, this thing can be structured in the details so they really go for it on top of offloading the risk issue. Over the course of the last two decades and some, how many former union officers ended up in management? I not saying this is inherently bad, but if you could secure a different pension plan from the company that is better than our A plan, would you take those actions to do it?"
I haven't seen any information to disabuse me of this notion. Then again, I may just be hysterical.
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