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Dakota takes Chapter 11

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17 July 2006, 09:19
surestrike
Dakota takes Chapter 11
Just one small point of correction.

United Airlines has been out of bankruptcy for about 5 months now.

And yes as somebody mentioned Ch-11 is a great way to bust up labor agreements. Although I'd have to guess this is a much deeper and more troubling problem. Also known as gross mismanagement. looks like a professional small boy was at the helm. To bad for the poor sods who work there. This is yet another case of corporate feudalism which seems to be becoming the norm in board rooms across the nation. Only this one won't garner much attention as it is such a small insignificant company.

Feed them cake..You know the rest.