A grossly mismanaged company is bailed out and we again as taxpayers will bear the brunt of this cost. The large amounts of money that were made by hundreds of execs at AIG that helped create tonights bailout by greed motivated corporate decisions are just fine and sleeping well tonight.
The moral obligation would have been the same as made the other day with LEH- greed must be eventually paid for- it is a very expensive emotion.
The strike is counterproductive for their members. Buyer of sophisticated aircraft will not purchase and operate using scabs in this techinical field tnat has chosen to strike. That said, the union will not win a thing as stock price and sales will plummet over time.
We are going into a recession, if we are not already there. Let's see if everyone can work together for a common goal- profitability... Hurting BA sales will just make both sides the loser.
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Latest comments | Highest ratedSEC Bans Shorting Financials [View article]
Federal Reserve Buys AIG [View article]
A grossly mismanaged company is bailed out and we again as taxpayers will bear the brunt of this cost. The large amounts of money that were made by hundreds of execs at AIG that helped create tonights bailout by greed motivated corporate decisions are just fine and sleeping well tonight.
The moral obligation would have been the same as made the other day with LEH- greed must be eventually paid for- it is a very expensive emotion.
Lehman's Collapse: Broader Economic Damage Unlikely [View article]
If you think that this is not a wake-up call on a global basis, which it most certainly is, you must be wearing a blindfold, not rose colored glasses.
The Test of Wills at Boeing [View article]
We are going into a recession, if we are not already there. Let's see if everyone can work together for a common goal- profitability... Hurting BA sales will just make both sides the loser.