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Politics : A Neutral Corner

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To: Constant Reader who wrote (182)	9/16/2005 10:36:27 AM
From: Rambi	Read Replies (5) of 2253

Personal interest is putting it mildly. I have a husband not sleeping nights for all the reasons Crandall mentioned. (Dan worked directly with him when he was in legal and has enormous respect for him). The system is a mess. American has struggled to fund its pension plan (I believe they are 80% funded right now) but if everyone else is allowed to dump theirs in BK, obviously we can't compete. It's insane. We have a friend who's an attorney with the pension guarantee fund, and over a year ago, he told us they were stretched and couldn't take on any more airline BKs without substantial addtional funds. And of course, it's the taxpayer who ultimately pays. It's almost as if you are rewarded for BK. I know nothing about business, but common sense tells you that something is terribly sick about this system. Am forwarding the articles to Dan. Thanks!

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