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Sued?

boeing787

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IAM is suing UAL over pensions. Guess what...they'll lose unfortunately. Just ask LTV, Inland, USSteel, and USAirways employees. Writing on the wall. Pensions are gone.
 
IAM always talks tuff, but when UAL barks the IAM comes running with their tail between the legs as always :down:
 
I can tell you this pension thing will get ugly. There is no way the PBGC will let us walk away from what is owed.

US Air had to pay $2.1B from a lawsuit by the PBGC, UAL's could be much larger. Also I wonder what the Fed's would do to us if we walk, would we lose any government contracts that we had? I just have a feeling this will get real ugly.
 
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