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


To: mishedlo who wrote (37338)9/15/2005 9:01:58 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 116555
 
>>Delta pilots suffered what may be the first of many blows for the airlines' employees as the Atlanta-based carrier said it would send a letter to some 3,500 retired pilots telling them it may miss their October pension payments<<

Geez, that's gott hurt. Wonder how many of 'em own investment real estate in Florida? I'd say most anyone counting on a pension for their retirement in the US better be prepared to "downsize yer life".......when the hell is Clowngress gonna toughen pension accounting rules? That's a huge part of the problem, and GM and F haven't had their "votes counted" yet, either.

This may just end badly......