AMR Execs $13.4m vs. SWA Execs $5.3m in 2008

[Bob Owens]

The difference is under the RLA the courts didnt reject the agreements, they rewrote them and the weak unions we have never challenged them. Nothing in the law gave them this right but they did it anyway. If we were under the NMB the law is clear, if the term of our agreement has expired we are free to self help.

NLRA, not NMB

 

[FrequentFlierCA]

AMR still continues to screw us..You are mistaken about management's walking away unscathed. Just like past republican administration appointees have adopted policy to screw workers in bankruptcy cases, this administration will have it's labor friendly policy force fed down the food chain just like reagan, Bush I and Bush II did.

You're right about one thing; management will not get away unscathed in the event of a bankruptcy filing. Remember those stock grants you were so up-in-arms about a few weeks ago? Most everyone held the stock instead of selling it. That means the guys running the show have a tangible equity stake in the outcome of their decisions. This, in my opinion, is good corporate governance and how things "should" be.

You are quite naive. I know you are one of many who like to blame labor for company woes, but thanks to the dog and pony show that has been being aired on tv, even the average American is seeing that the masters of the universe are greatly responsible for this mess.
And before you cite the UAW's piece of the pie regarding the auto industry, I will tell you that THERE ARE NO UNIONS IN ALL THE FINANCIAL INSTITUTIONS IN THIS COUNTRY RESPONSIBLE FOR THE MESS. The banking and investment firm management are solely responsible.

I don't think anyone is asserting that unions caused the problems in the financial markets. I think we can all agree that arrogant traders and poor oversight contributed the majority of the problem there.

The UAW, however, is staring down the barrel of a gun (as the APA/APFA and TWU may in the next 12 months) and needs to make a decision as to whether it is going to fiddle while Rome burns or adopt a pragmatic approach that will save jobs, pension, health benefits, etc.