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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (35601)8/20/2005 1:19:55 AM
From: mishedlo  Respond to of 116555
 
WASHINGTON - Mechanics struck Northwest Airlines early Saturday after refusing big pay cuts and layoffs that would have cut their numbers almost in half. The nation's fourth largest airline pledged to keep flying with replacements.
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Northwest sought $1.1 billion worth of annual cuts from its employees. Last fall, pilots agreed to a 15 percent pay cut worth $300 million when combined with cuts for salaried employees. The pay cut sought for mechanics amounted to about 25 percent.

news.yahoo.com



To: Chispas who wrote (35601)8/20/2005 10:47:44 AM
From: Chispas  Read Replies (1) | Respond to of 116555
 
More comment about Merck, from IHub .. .
>>>>>>>>>>
Posted by: Joe Stocks
In reply to: osprey who wrote msg# 418787
Date:8/19/2005 7:27:00 PM
Post #of 418814

MRK- My business neighbor is a lawyer. He has a couple locations and advertises for clients for lawsuits like this one. He was just in the store and told me he has 300 signed clients. These guys are parasites.

Joe
>>>>>>>>>>>
(also read replies)
investorshub.com



To: Chispas who wrote (35601)8/20/2005 1:43:52 PM
From: redfish  Read Replies (1) | Respond to of 116555
 
I'm going to be buying MRK once it settles down, litigation scares are usually good buying opportunities (except for few that are driven into bankruptcy of course).

That $252m award is a joke, imo there is less than 1 in 100 chance of it holding up through appeal ... will get cut to $10-$15m probably.