"Montblack" wrote in message
...
("sfb" wrote)
I suggest you lock up the Congress critters as UAL and the other legacy
carriers are only doing what the law permits. If they were ignoring the
law, the SEC would have done a number on them long ago for incorrect
financial reporting by a public company.


25% of this country's economic problems can be directly traced back to the
SEC and their inability to come up with clear accounting rules - and then
enforce them in any meaningful way. [Cite? Me]

Agreed on point A: Pensions should be off limits to Lee Iacocca CEO types.
Over funded
my ass -- for today maybe. How about in 12 years? Oops, a turn around in
the
numbers? "Congress" (meaning you$$ you$$ you$$ and you$$) ..."help!!"


Montblack


The company has an obligation to provide benefits and has to fund the plan
to provide for those benefits. Overfunding belongs to the Company.

Mike
MU-2