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Reply #12: The travesty continues .. [View All]

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DemoTex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 12:10 PM
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12. The travesty continues ..
Dave Siegel, the US Airways CEO when the pilots' pension plan was terminated in 2003, got over $10 million that year. Shortly after Siegel left the company, US Airways declared Chapter 11 bankruptcy for the second time in less than two years. Last month the bankruptcy court judge allowed US Airways to terminate the pensions of all other unionized employees at US Airways. Siegel, meanwhile, lives the good life.
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