PBGC issues statement

[olderguyAMT]

Check this out: http://www.pbgc.gov/news/press/releases/pr12-11.html

The PBGC has a seat on the creditors committe, which gives them a loud voice in the courtroom. Now the Co. will have to prove that terminating the pension plans is necessary in order to emerge from BK. More facts laid down for all to see when the truth is revealed.

 

[TWU informer]

Already being discussed here

http://airlineforums.com/topic/52285-looks-like-the-pbgc-getting-ready-to-argue/