cramden nation update

ralphcramden

Member
Nov 16, 2006
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brooklyn
cramden nation update




It was a delightful holiday respite indeed for Mr. ralphcramden. The call of duty must be answered, however, and the steady flow of electronic messages from the ranks of cramden nation have galvanized your ready servant to action. The year’s first report has much important news, so let us begin. But first, here’s a fun game for the kids. Spot the letters AMR in the latest ralphcramden update, and you win an ice cream from Mom and Dad!



Delta Board Supports Management’s Stand-Alone Plan.


There were those, of course, in Peachtree City who hung on the solemn pronouncement from the Atlanta public relations “folks†that Delta’s board was fully, enthusiastically, unreservedly, orgasmically, 100% behind the stand-alone posturing of distinguished septuagenarian Mr. Gerald Grinstein. With the mature executive desperately holding the line like a senile Robert E Lee, the board’s pro forma statement of support elicited rebel yells in Georgia and yawns on Wall Street. As the average Georgian would be unable to define, much less spell, “pro forma,†Mr. ralphcramden shrewdly accepted the New York version of events.

One of Mr. ralphcramden’s very favorite investment bankers wryly noted that the New York Football Giants reliably enunciate similar public endorsements of their Simon Legree-like Head Coach Mr. Tom Coughlin. The off-the-record conversations of the underperforming team are known to be somewhat different.

There is a board rift at Delta, Mr. ralphcramden can confirm for you, and it is getting wider. The outside directors, successful business executives in their own right, have been hearing it from the creditors, and in spades. Their situation has only been made worse by the disastrous public rallies and cultish buffoonery recently on display in Hapeville. These embarrassing free-for-alls have been met by disbelief at the financial institutions, and the Delta leaderships’ already low standing has plummeted to Tom Cruise-like levels. The friends of Mr. ralphcramden report that the freakish hysterics have inspired a freshet of email jokes and derision on the Street, while cementing the perception that current Delta management is obtuse, a bit odd, and utterly incapable of executing a successful stand-alone turn around.



The Mechanic


The dramatic arrival on the scene of Mr. Gordon Bethune has further propelled the process forward. One of the compliments overheard regarding Mr. Bethune is that he is the kind of man who would fit right in as a member of cramden nation. Be that as it may, the G Man got right to work.

The hoary Mr. Bethune, who began his career with military service as an enlisted aircraft mechanic, has never been overly impressed by the twitchy, emasculated conformists of today’s officer corps, as typified by the inhabitants of DALRQ’s cockpits. It was right down to business for the no-nonsense executive, and the rallies, buttons, and internet wailing of those paper tigers received the full consideration they deserve.

In character, Mr. Bethune cut right to the chase. The result was the “enhanced offer†from LCC, which could be described with equal exactitude as the “real offer.†It was an expected part of the process, and was greeted by laconic shrugs in the Empire State. It has been reported, however, that the reaction south of Atlanta was a mass contagion of facial tics and curious throat clearing.

While the proposal is considered, the ongoing dialogue among the parties will continue. The “parties†are not just LCC and DALRQ. Mr. Bethune has been talking to everyone, as has the Phoenix Boy Wonder. There will be further changes ahead, as predicted long ago by none other than Mr. ralphcramden. Meanwhile, the horse trading has begun in earnest, the creditors have ratcheted up the pressure, and LCC shall very soon have their due diligence.

It was the loyal members of cramden nation who became aware of the interest of LUV, AAI, JBLU, UAUA and NWACQ long before any other news source had so much as a whisper. Mr. ralphcramden was all over this evolving story while the hapless denizens of US Aviation.com’s dreadful DALRQ message board cheered the industry domination fantasies of the formerly ubiquitous “WorldTraveler.†With benefit of hindsight, the postings of this tragic, Willie Loman-esque, middle management drone read like a strange, Timothy Leary-inspired LSD experiment gone bad. Members of cramden nation can only wish him the very best in his new career.



Ugly American


Mr. ralphcramden’s upper class contacts have been informed that AMR has expressed strong interest in purchasing the DCA-LGA-BOS shuttle operation. They join UAUA as likely bidders. More information on this developing story will be reported as it becomes available.



A Georgia Pig Pickin’


The industry is in play, no doubt, and a number of outcomes are possible. Always mindful of his loyal nation of enthusiasts, Mr. ralphcramden has asked his investment banking sources for their unvarnished opinion on the most likely outcome of the LCC-DALRQ drama. Never reticent, these Masters of the Universe and charter members of cramden nation have delivered. And away we go.........

LCC and NWACQ, according to these titans, will both be involved in taking major parts of DALRQ. Once the fat carcass of DALRQ has been carved up and shared with the likes of JBLU, LUV, AAI, UAUA and AMR, the answer to the debt question will be evident. “It will be a leveraged buyout in disguise,†according to one of Mr. ralphcramden’s sources. Old Gordo will have done his job, and the creditors will have their pound of flesh.

Forget the latest news cycle’s buzz about NWACQ and DALRQ “talking merger.†This was quickly dismissed by Mr. ralphcramden’s favorite bankers. “More like Delta pleading with Northwest,†laughed one. “Northwest wants the whole pig less than Parker,†he added. According to these astute observers, Northwest is interested only in certain parts of Delta. In Bethunian fashion, one even labeled the rumors of a full NWACQ-DALRQ merger “Bull****.â€

Oh yes, Mr. ralphcramden can assure you, LCC will not be absorbing the elephant whole. There are discussions on top of discussions, with many participants, and Mr. ralphcramden’s sources have confirmed that Mr. Doug Parker is the Toast of the Town in Manhattan. Consolidation is here, Boy Parker has got a tiger by the tail, and Mr. ralphcramden intends to provide you, dear reader, with a ring side seat.


regards,

ralphcramden
 
Lets see, the way I read it is:

cramden nation update
It was a delightful holiday respite indeed for Mr. ralphcramden.
.....the steady flow of electronic messages from the ranks of cramden nation have galvanized your ready servant to action.
......the latest ralphcramden update, and you win an ice cream from Mom and Dad!
........Mr. ralphcramden shrewdly accepted the New York version of events.

One of Mr. ralphcramden’s very favorite investment bankers wryly noted that........

There is a board rift at Delta, Mr. ralphcramden can confirm for you, and it is getting wider.

The friends of Mr. ralphcramden report that.....

It was the loyal members of cramden nation who became aware of.....
Members of cramden nation can only wish him the very best in his new career.

Mr. ralphcramden’s upper class contacts have been informed....

Always mindful of his loyal nation of enthusiasts, Mr. ralphcramden has asked his investment banking sources for their unvarnished opinion on the most likely outcome of the LCC-DALRQ drama.

Never reticent, these Masters of the Universe and charter members of cramden nation have delivered. And away we go.........


This was quickly dismissed by Mr. ralphcramden’s favorite bankers.

Oh yes, Mr. ralphcramden can assure you,

....Mr. ralphcramden’s sources have confirmed that


ralphcramden

It's not what is said it's the delivery..............
 
Mr. ralphcramden;

I fully realize that your very busy working on the DL "thing", but if you get a spare moment, we at AA need to know how AA gets into CHINA.....SPECIFICALLY..AA+NW.

Thank you,
We await your reply !


NH/BB's


ps,

If a "certain" former moderAAtor "should" appear with a kindof "poo poo" attitude, try to look beyond it.(He's really a decent fellow).

I would direct you instead, to a "certain" Mr...."FWAAA", who appears to have a good "finger on the pulse" approach to all things AA (from a business approach. Not necessessarily Labor issues)
He too , seems to be a decent "sort" )
 
Not so much let as forced US to buy it from the bank consortium headed by Citicorp. Usair was operating the former trump/eastern shuttle under its own name had to pay 285 million for it. They had first right of refusal and had to exercise it, other wise would have been the AA shuttle. American walked away with 10 million conciliation for not being able to make the purchase.

AS you say they are no doubt still hard for it, and with a U/Delta combo , they will be operating one with jets very soon.
 
cramden nation update
It was a delightful holiday respite indeed for Mr. ralphcramden. The call of duty must be answered, however, and the steady flow of electronic messages from the ranks of cramden nation have galvanized your ready servant to action. The year’s first report has much important news, so let us begin. But first, here’s a fun game for the kids. Spot the letters AMR in the latest ralphcramden update, and you win an ice cream from Mom and Dad!
Delta Board Supports Management’s Stand-Alone Plan.
There were those, of course, in Peachtree City who hung on the solemn pronouncement from the Atlanta public relations “folks†that Delta’s board was fully, enthusiastically, unreservedly, orgasmically, 100% behind the stand-alone posturing of distinguished septuagenarian Mr. Gerald Grinstein. With the mature executive desperately holding the line like a senile Robert E Lee, the board’s pro forma statement of support elicited rebel yells in Georgia and yawns on Wall Street. As the average Georgian would be unable to define, much less spell, “pro forma,†Mr. ralphcramden shrewdly accepted the New York version of events.

.....Its not just what you say it's how you say it..You write these things like it's not important that 55000 plus people would be out of a job if this happens ..not to mention all the indirect job losses that would result in the demise of Delta..I wonder how you would feel if you were looking at a situation where you could lose everything you worked for and could not support your parents ,wife, and kids...you need to tone it down and try to show some class during these delicate times..
 
I've got to admit that, although speculative at best, the prose was entertaining and amusing to read......
 
I am a bit surprised that you missed the latest update coming out of ATL since the increased US offer. I have gotten word that Gerry called a special meeting with the board to discuss a new order for bigger a better buttons to distribute amoung all of the DL empoyees in the wake of this new offer. Word is that the board overrode the button idea in favor of T-shirts and hats with the "Keep Delta my Delta" slogan on them to help ward off Parker and US this time around..... :lol:
 

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