Exerpt from article above:
*When David Bronner jumped into US Airways' cockpit as its lead investor and chairman, the Alabama state pension fund chief called his $240 million stake a "hell of an investment. ... It'll be the strongest airline in the world financially," he said in November 2002
Funny he said that 1 month before the threat of liquidation date of Dec. 20, 2002...LOL...sounds like an arrogant idiot. He must have had a crystal ball out to know that all of labor would concede to concession #2.
Yea, we all got his number now.....
*Gambling on US Airways attracted national attention to a man who already wields tremendous political power in Alabama and revels in his celebrity status.
Yea sure, I'll give up everything to save his stock investment. :down:
*The fund is so big that Bronner's risky investment in US Airways represents only 1 percent of the fund's total exposure.
Now Bronner is trying to use the US Airways connections to bring more business to Alabama, too.
Hey, I don't feel like I'm being used...how about you? :angry: