WHAT SHOULD DOUG DO WITH HIS MILLIONS?

[FLYUSAIRWAYS]

1. HOLD A COMPANY LOTTERY AND MAKE 10 EMPLOYEES MILLIONARES
2. DONATE IT ALL TO CHARITY
3. PAY BACK SOME OF USAIRWAYS VENDORS THAT LOST THEIR SHIRT
4. BUY A PICTURE OF TOM CRUISES BABY
5. KEEP IT ALL, AND LAUGH, ALL THE WAY TO THE BANK

 

[Dog Wonder]

1. HOLD A COMPANY LOTTERY AND MAKE 10 EMPLOYEES MILLIONARES
2. DONATE IT ALL TO CHARITY
3. PAY BACK SOME OF USAIRWAYS VENDORS THAT LOST THEIR SHIRT
4. BUY A PICTURE OF TOM CRUISES BABY
5. KEEP IT ALL, AND LAUGH, ALL THE WAY TO THE BANK

He should quit and go away.

 

[Prince of PAWOBs]

He should quit and go away.

I have to disagree with that one, DogWonder. He needs to stay and be taken to task until I'm satisfied with his job performance.

In the meantime, as far as what he should do with the money...well, unfortunately, it is probably impossible to make him release his grip on all of those Franklins while he bathes in them in the tub. So, I'll have to pretend I'm him for a moment, using my Solomon-like sense of justice to determine what to do. (No, I'm not going to slice anyone in half, although it did cross my mind... 😛 )

"I just made nine million bucks! Woo-Hoo! But my employees are suffering from poor morale due to givebacks and working conditions. What to do, what to do?! Aha! I know! I make enough money as it is, so even if it doesn't seem like much, I'll divide it up amongst all of them equally as a one-time bonus. That way, I don't look like the rest of my schmucky peers in Tempe, and maybe they won't view me with as much suspicion. As a matter of fact, maybe I'll start asking them one-on-one how to improve the airline instead of using that dart board in Kirby's office. It will make me seem less robotic and snobby when I mingle with the workgroups."

Whew! That roleplaying is hard work, folks!

 

[robbedagain]

hows about sharing it sharing it with all the employees including those in the outsourced cities!!

 

[ClueByFour]

Donate it either to the Bankruptcy judge (who is the real genius behind the latest profits) or to the bondholders, leaseholders, creditors, taxpayers, and employees who all took an involuntary bath at the hands of the court: all of these entities have done more to account for the current profits than a single thing Parker (or anyone from Tempe or the former CCY) ever have.

 

[USCREW]

What would really be a nice and relatively inexpensive gesture from Doug Parker, Scott Kirby, Kerr and the rest is the establishment of a scholarship fund strictly for children of US Airways employees. The contributions would be most likely tax deductable and a half a dozen or so kids each year would get a fre education as a result of their parents sacrifices.

We have scholarships on the East which were uncle Ed's idea. It's a great thing.

 

[USCREW]

He could buy a nice tropical island, put in infrastructure, and a few air-conditioned cottages. Let the employees use it liberally. By seniority, of course🙂

 

[700UW]

Agreed?

I saw many creditors who did not agree to take less but were forced to by the Judge.

Gee I voted NO on concessions, I did not agree to take concessions.

I don't remember to any of us, past or present, agreeing to let US terminate our pension. Last time I checked the company filed a motion in court and Judge Rubber Stamp, terminated our pension.

Spin it how you want, US used the courts to screw many companies, employees and retirees alike.

 

[av8or]

But think of the PR value DP and the "Optionals" get if they fund it themselves. Would be quite a thank you gesture to the rank and file don't you think?

They take their cash and put it to good use for their employees!! Pretty hard to critisize that.

yeah, you would think that (not you personally but the general statement), but with the severe bitterness and rampant hate mongering of many of the regular posters here any act of charity would be turned into some kind of attempt at 'buying off' the employees and demonize him regardless of what he does
they're conditioned to just completely distrust anyone in charge of the company after the years of incompetance at ccy
i have friends at hp and while they've said he's not perfect he's the best guy they've worked for so i for one am giving tempe the benefit of the doubt it hasn't even been a year yet really, theres still far to go
and every single person on here would have done the exact same thing in regards to the stock sale

 

[ClueByFour]

How about he do what he damn well pleases?

Creditors, Lessors etc etc AGREED to let the merger go forward and the company made money. Regardless of how it made money, it made money. Doug Parker did what ANY competent business man would do, and frankly I've no problem with it.

I really, really hope that your employer is stiffed large by a bankruptcy court sometime. That's not shrewd business acumen--it's admission of failure and one of the things we really need to reform in this country (notably BK reform).


With that said, you note I said nothing about the merger happening. That's immaterial.

Again, thank the BK judge, as Parker and company have done squat. Why do you think he'll only think about merging with another BK carrier? Lacking the ability or stones to actually run and change a business, they'll hack employees, creditors, bondholders, taxpayers, et al off at the knees and try again. One trick pony here.

 

[USCREW]

No company is bulletproof. I live next to AOL HQs. Thousands will be losing their jobs and must sell their million dollar homes.

 

[hp_fa]

Again, thank the BK judge, as Parker and company have done squat.

Other then being part of the group removing the old US Airways from BK court, Parker had nothing to do before the Court or the judge. I am not currently a Doug fan, but facts are facts.

 

[700UW]

If you believe that then I got a bridge for sale in Brooklyn.

Funny into negotiations the company kept insisting we get HP's costs from their CBAs.

The merger did not happen overnight, Doug and Bruce and the adivisors talked for months, I would not hesitate to say Doug had a big influence on how the labor talks at East went to get the costs inline with West.

John Luth of Seabury was consulting Doug quite often.

 

[hp_fa]

If you believe that then I got a bridge for sale in Brooklyn.

Funny into negotiations the company kept insisting we get HP's costs from their CBAs.

The merger did not happen overnight, Doug and Bruce and the adivisors talked for months, I would not hesitate to say Doug had a big influence on how the labor talks at East went to get the costs inline with West.

John Luth of Seabury was consulting Doug quite often.

Read what I wrote. What you are saying is not what I wrote.

 

[ClueByFour]

Other then being part of the group removing the old US Airways from BK court, Parker had nothing to do before the Court or the judge. I am not currently a Doug fan, but facts are facts.

Yeah, but it was the cost-slaughtering and creditor butchering that made the current US what it is, not anything Parker has actually done.