"So here it is in a nutshell: employees are goaded into investing a big chunk of their wages and benefits in UAL stock. They lose that. Then they lose big parts of their pay and pensions. They become peons of UAL. Management gets $480 million, more or less. 'Creative destruction?' Or looting?"
Sunday, January 29, 2006
I realize it's not fair to say Ben Stein is always pro-business, but his column today, When You Fly in First Class, It's Easy to Forget the Dots - New York Times, on United Airlines surprised me.