MCI transplant
Veteran
- Jun 4, 2003
- 5,311
- 584
- Banned
- #121
<_< -----So what does this prove? When TWA hit Bankruptcy, it was broke! O.K.! In a years time Compton took TWA's funds from $100Mil+ to between $20-$30 mil.! I never said TWA was in the best financial shape "prior" to Compton taking TWA into bankruptcy, but what I did say was I felt Compton and Carty purposely accelerated that process! Small example: What Company, in the finical shape TWA was in, would give all it's employees a $100 bonus per month,for first in class, on time performance? Not $25, like aa is doing now, but $100? If in fact, TWA was in that dire straights? And I believe they were doing just that up tell the time we entered Chapt.11!!!-----And I know Bob will love that last remark!!!!Fixer gave us the wrong link. Here's the correct one:
http://www.deb.uscourts.gov/Opinions/2001/TWA_STAY.pdf
From page 10-11:
Note the bolded portion. TWA was broke. It needed $40 million to fund its continued existence on Jan 11, 2001 and had substantially less than that. Argue all you want - a federal bankruptcy court disagrees with you. Which of you was in a better position to determine the facts? You, an airplane mechanic (presumably busy fixing airplanes) or a bankruptcy court judge?
Keep it up with the outlandish conspiracy theories about how AA and TWA conned a federal bankruptcy court judge and pretty soon not even your friends and supporters will listen to your lunatic rantings and ravings. Dare I say it - you'll "Bob Owens" yourself if you aren't careful. B)