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To: Puddleglum
Here's what everyone must realize -- AMR will file regardless of these labor concessions. That's when it will really hit the fan.
334 posted on 04/16/2003 8:27:54 AM PDT by Mister Magoo
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To: Mister Magoo; sinkspur; MeeknMing; All
You know, I have felt this in my bones for the longest time; and it still might happen. CEO Carty sure has made it known in the media that even a ratification of the TA doesn't guarantee there won't be a Chapter 11 filing, which baffles me beyond all frustration *why* so many people voted for it!! Of course, the gracious extension by Carty to the flight attendants to rethink and change their votes is such a blatant violation of integrity. It is so reminiscent of algore's attempt to "count all the votes."

Anyway, so we will be on the street. I feel almost pity for the folks who voted for this MOAB of concessions, as most still don't see how this is one of the worst decisions any union has ever made in the industry. And as always, this is simply my opinion.

But I have a question for the FReepers who are in the know, as I have little knowledge regarding stocks, but specifically...what is available to the public regarding access to executives' buying & selling histories?...

Where can that information be found online? Obtaining something like this for free would be best, as the ink is no doubt dry on our walking papers.

I ask this because something does not make sense to me. I did a little searching on my own, and found out that Mr. Carty purchased 30,000 shares of company stock on March 31, 2003. I suppose he had some $700,000 + dollars to play around with the same day he was meeting with the unions to hash out the TA to the union reps? Isn't this supposed to be a company on the skids, and doomed to bankruptcy, etc., etc...? What am I missing? Did I misread this?

And Meek...should you hear anything in your area on your local news (please let me know)...I was told some investigative reporter in the DFW area uncovered something about management's pensions being untouchable? Something that was recently drawn up, like within the past year, to protect Carty & Company's retirement funds from a bankruptcy judge?

Good grief...

345 posted on 04/16/2003 10:19:57 PM PDT by getmeouttaPalmBeachCounty_FL (Meek...our Dallas plans are not looking very good (sniffle-sigh))
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