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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (21376)11/5/2004 12:37:44 PM
From: ild  Respond to of 110194
 
CHICAGO -- United Airlines parent UAL Corp. is expected to ask a bankruptcy judge today to let it begin the process of winning a second round of concessions valued at $725 million a year from its 62,000 employees, according to people familiar with the matter.

online.wsj.com

It comes to $11,700 savings per employee. In effect like firing 20,000.



To: Knighty Tin who wrote (21376)11/5/2004 2:08:11 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 110194
 
agreed 100%, rates must be 2% to 3% higher
in order to attract more foreign bond investment

this game is being played by central banks

the unforeseen world response to rising aggressive right wing totalitarianism inside the USA could be a rejection of the USDollar

the Fed will be overwhelmed before long
/ jim


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