United we fall
May 12, 2005News & Politics
Noting that United Airlines' request to terminate its pension plans was approved, "clearing the way for the largest corporate pension default in history," 7-year employee and blogger, profmarcus writes: "the one bright spot was the reasonably large nest-egg i was building from the stock awarded to 'employee-owners...' cutting to the chase, come 9/11, i was shown the door... on my birthday, 2002, united declared bankruptcy, wiping out what had, at one time, been over $40K of my money... now, guess what...? and, if my story is sad, god help those who are still working there...ok... enough of that... now let's talk about privatizing social security..." (And, yes, I DO take it personally)
