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And, yes, I DO take it personally: United defaults on pension plans; CEO buys $4.5M condo
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Sunday, May 29, 2005

United defaults on pension plans; CEO buys $4.5M condo

from a trusted source...

Several friends own condos at a place in Florida called Longboat Key. About 4 months ago they got a new neighbor. The new folks paid $4,500,000 for their condo. They are the Tiltons [Glenn Tilton, United Airlines CEO]. They moved in and the wife has been there everyday. Her husband spent one day there but had to leave and get back to his job in Illinois at UA headquarters.

this is business as usual in this country, not only at united airlines but in many corporations... and now that this kind of unscrupulous behavior has been blessed by bushco, expect to see it a lot more...

p.s. i have collected a little over two years of my paltry united pension... once the default has gone through, i can kiss the remaining 8 years goodbye...

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