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(UPI) Obvious American Airlines announces plans for bankruptcy reorganization, hopes to achieve delicate balance between angering customers and screwing employees   (upi.com) divider line 9
More: Obvious, American Airlines, Chapter 11, Title 11, United States Code, AMR, Americans, total costs, FHA, Federal Housing Finance Agency, Wall Street Journal  
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203 clicks; posted to Business » on 02 Feb 2012 at 10:58 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



9 Comments   (+0 »)
   
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2012-02-02 11:16:07 AM
I think they finally wn, I have a garbage job with bad benefits and no pension, I dont care what happens to theirs, the right has won
 
2012-02-02 11:25:39 AM
20,000+ with no retirement. They'll have to work into their 70s in this economy a dearth of employment.
 
2012-02-02 11:36:02 AM
Wonko Fortytwo: 20,000+ with no retirement. They'll have to work into their 70s in this economy a dearth of employment.

so, the future for most young people? Why should I feel bad about this?
 
2012-02-02 12:04:20 PM
Brostorm: Wonko Fortytwo: 20,000+ with no retirement. They'll have to work into their 70s in this economy a dearth of employment.

so, the future for most young people? Why should I feel bad about this?


You'll have octogenarians begging, robbing banks, and living in the parks. Corpses everywhere.

RIP Grandma.
 
2012-02-02 01:09:22 PM
and for more fun, US Air has made statements about buying them.

If folks were concerned about losing their pensions before, it'll definitely happen once US Air gets a hold of them.
 
2012-02-02 01:48:31 PM
Brostorm: Wonko Fortytwo: 20,000+ with no retirement. They'll have to work into their 70s in this economy a dearth of employment.

so, the future for most young people? Why should I feel bad about this?


Because Baby Boomers, born in 1946:

Marched for Civil Rights in Selma when they were 9!
Lead America throught its darkest momments with the Cuban Missle Crisis and JFK assasisation when they were 16 and 17!
Invented the technology for the sexual revolution when they were 18!
Ended the Vietnam war through their executive leadership when they ran the country in 1975 at age 29!

Plus, they paid into social security and medicare for only a measly 10,000% return on their investment.

YOU OWE THEM!
 
2012-02-02 02:45:48 PM
Another success story for Baine.
 
2012-02-02 05:25:29 PM
i would just like to add that american airlines is a terrible, terrible business. one that deserves to go out of business.
 
2012-02-02 07:40:52 PM
In a memo addressed employees, Horton said, "all work groups will have total costs reduced by 20 percent, including management."

***GASP!!!*** It must be serious!

They will probably lay off low level managers though. I doubt the top 1% in the company will feel any pain.
 
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