Doogie gets arrested

[EyeInTheSky]

He did the right thing to refuse the breathalyzer...he probably knew he was borderline...he did the right thing

look, he screwed up...we all screw up...but for the grace of god go i...still, as the ceo he as to pay the price, but he can't be faulted for exercising his legal rights...

I agree, but he was legally drunk:
http://www.msnbc.msn.com/id/17067903

"...Results released Friday show Parker had a blood-alcohol level of 0.096, according to Clark. The legal limit in Arizona is 0.08..."

This is very unfortunate.

Later,
Eye

 

[UWCactus]

He did the right thing to refuse the breathalyzer...he probably knew he was borderline...he did the right thing

look, he screwed up...we all screw up...but for the grace of god go i...still, as the ceo he as to pay the price, but he can't be faulted for exercising his legal rights...

He screwed up is right. Have any of you ever sped? We all do it, but only a few get caught. Leaving the Open in Scottsdale after a few drinks is what those cops are looking for. If he had not been over the speed limit, they would not have pulled him over. There was nothing in the report to indicate that his driving was indicative of alcohol related driving.

 

[hp_fa]

I am by no means perfect but I have never made a mistake that is borderline felonious or cause to serve time in jail.

Do you think Doug will spend anytime in Joe Arpaio's Tent City? I wonder what he would look like in his pink knickers?

This is going to be interesting due to Maricopa County Attorney Andrew Thomas' policy regarding pleading to these types of crimes and the potential negative publicity if a "fat cat" were to seemingly get different treatment. (BTW, I do not agree with the policies of Andrew Thomas on a lot of things, so I am not going to be a hypocrite and support him now.)

I also guess that somehow he would serve the likely minimum jail sentence of one day in the Scottsdale City Jail. Arrangements like that have been made in the past for similar situations.

Did this happen on the new road or old Pima Road?

In the general area of the Scottsdale Airport.

 

[delldude]

He screwed up is right. Have any of you ever sped? We all do it, but only a few get caught. Leaving the Open in Scottsdale after a few drinks is what those cops are looking for. If he had not been over the speed limit, they would not have pulled him over. There was nothing in the report to indicate that his driving was indicative of alcohol related driving.

Yes I went 56 once in a 55 zone.....couldn't sleep for weeks.Man was I lucky.

20 MPH over posted speed is a starting point for a DUI dude....

 

[BoeingBoy]

Jim,
Run in again. What do we have in the bank v/s what we owe.
Thanks

The loan? Without looking it up, around $1 billion - maybe as much as $1.2 billion.

we've got the money, that's just a lot to pay out at one time.

Jim

 

[BuffaloJoe]

PHLfa88,
It's screams I am guilty.

Later,
Eye

No it doesn't. I would never take a breath test. The machines are NOT accurate. They only give a reference to where the BAC may be. Blow 1) can read .078 Blow 2) could read .014. Most DUI cases that have that as the only proof, any decent lawyer will get that thrown out. A breath test is generally followed by a Blood/Urine Test which is the most reliable. Breath test is generally a preliminary test, not the final.

One thing against a blood/urine test, after you get stopped it has more time to pull the BAC level up. But if you are borderline, or you believe you are, pee in your pants, that will lower some of it.

But a DUI charge is the only crime where a person is guilty until proven innocent.

 

[US1YFARE]

you better learn to read more carefully. now go get your dictionary or a tutor and re-read the police report.

 

[delldude]

But if you are borderline, or you believe you are, pee in your pants, that will lower some of it.

Then you have a cleaning bill for a state police car and a very pissed off trooper.

But a DUI charge is the only crime where a person is guilty until proven innocent.

Ahh...you're forgeting about being a Republican in office and making any kind of mistake.

 

[BuffaloJoe]

I also guess that somehow he would serve the likely minimum jail sentence of one day in the Scottsdale City Jail. Arrangements like that have been made in the past for similar situations.

Does 1st Offense in AZ constitute jail time? I know the law differs in different states , but here in PA you can pay additional fees, go ARD. You will only have to do 5 weekly sessions in a class plus about 60-75 hours of community service. Plus the max is 90 days 1st offense, but can generally get that down to 30 days if willing to put that breath machine in the car. Then depending on the judge, can be OK to/from work, but that is up to the judge. But this is PA so I am not sure how that would work there.

 

[BoeingBoy]

The loan? Without looking it up, around $1 billion - maybe as much as $1.2 billion.

we've got the money, that's just a lot to pay out at one time.

Jim

Ok, looked it up and it's $1.1 billion with interest only till March 31, 2011.

Now back to the regularly scheduled programing....

Jim

 

[700UW]

Yes They Did!! In Full!!

They took out another loan to pay off the ATSB loan, so the loan is still being paid on and is not paid off.

On October 19, 2005, $777 million of the loans, of which $752 million was guaranteed by the ATSB, was sold by the lenders by order of the ATSB to 13 fixed income investors. The sale of the debt removed the ATSB guaranty, and the ATSB no longer has an interest in any of the Company's debt. The total outstanding balance of the loans as of December 31, 2005 was $801 million, of which $551 million is outstanding under the US Airways loan and $250 million is outstanding under the AWA loan. Terms associated with these loans remain unchanged, with the AWA loan terminating in 2008 and the US Airways loan terminating in 2010.
The US Airways loan bears interest as follows:
• 90% of the US Airways loan (Tranche A), which was the portion of the loan previously guaranteed by the ATSB, was originally funded through a participating lender's commercial paper conduit program and bears interest at a rate equal to the conduit provider's weighted average cost related to the issuance of certain commercial paper notes and other short term borrowings plus 0.30%, provided that portions of Tranche A that were held by the ATSB or are held by an assignee and are no longer subject to such commercial paper conduit program bear interest at LIBOR plus 40 basis points, and portions of Tranche A that are under certain circumstances assigned free of the ATSB guarantee bear interest at LIBOR plus 6.0%; and

• 10% of the US Airways loan (Tranche B) bears interest at the greater of the Tranche A interest rate plus 6.0% and LIBOR plus 6.0% from a prior rate of LIBOR plus 4.0%.

The US Airways loan also reschedules amortization payments for US Airways with semi-annual payments beginning on March 31, 2007, and continuing through September 30, 2010.
US Airways was required to pay down the principal of its loan with the first $125 million of net proceeds from specified asset sales identified in connection with its Chapter 11 proceedings, whether completed before or after emergence from bankruptcy. US Airways then retains the next $83 million of net proceeds from specified asset sales, and must prepay the principal of loan with 60% of net proceeds in excess of an aggregate of $208 million from specified asset sales. Any such asset sales proceeds up to $275 million are to be applied in order of maturity, and any such asset sales proceeds in excess of



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Table of Contents
$275 million are to be applied pro rata across all maturities in accordance with the loan's early amortization provisions. US Airways made prepayments totaling $156 million in connection with these specified asset sales completed during 2005.
Certain third party counter-guarantors have fully and unconditionally guaranteed the payment of an aggregate amount of $11 million of the remaining principal amount of the AWA loan, plus accrued and unpaid interest thereon, as of December 31, 2005. The AWA loan previously bore interest at a rate of LIBOR plus 40 basis points, with a guarantee fee equal to 8.0% per annum with annual increases of 5 basis points. As a result of the sale of the AWA loan, the non-guaranteed portion of the loan is no longer subject to the annual guarantee fee, but instead bears interest at a rate per annum equal to LIBOR plus 840 basis points, increasing by 5 basis points on January 18 of each year, beginning January 18, 2006, through the end of the loan term, payable on a quarterly basis. The amortization payments under the AWA loan become due in seven installments of $42 million on each March 31 and September 30, commencing on September 30, 2005 and ending on September 30, 2008. The AWA loan also requires a premium, in certain instances, for voluntary prepayments. AWA made a voluntary prepayment of $9 million dollars in principal amount on September 27, 2005, after the closing of the AWA loan, prepaying in full the portion of the loan subject to one of the counter-guarantees, which prepayment has been applied pro rata against each scheduled amortization payment.
The terms of both amended and restated loans require US Airways Group to meet certain financial covenants, including minimum cash requirements and required minimum ratios of earnings before interest, taxes, depreciation, amortization and aircraft rent to fixed charges, starting with the quarter ended December 31, 2005. At December 31, 2005, the Company is in compliance with these covenants.

 

[allegheny36]

OK
He,s bad
Your glad

Time to move on <_<

 

[freedom]

well if anyone wants my 2 cents on the matter the legal limit of 0.8 is WAY to low as most of you out there already know . Now if tests come back confiriming that he was extream DUI , then yes , let us all bad mouth his drunk driving ass , but if he was simply near 0.8 and giving a ride home to his REALLY drunk buddies , then lets just forget it .I understand that piolts are pissed because if what i read is right they can NEVER have a DUI ? Even thou parker is the CEO of our company , he's still human and we all make mistakes , maybe he thought he was within the legal limits and the tests could prove that . With the point 8 ratio so damn low in this state anyone can get scared about having a DUI after having 2 beers ...

Also don't think i'm a CEO ass kisser , as i said before , i RESPECT the man and the job he does ( from an adam smith perspective) but i do DISAGREE with his polices and the way they affect the employyes of this company .

 

[Awa Contract]

Think he would let HR forget any mistakes that you would make -- Hope they Toast him and let him share a bed with Bubba. About 30 days would be nice.

 

[EyeInTheSky]

No it doesn't. I would never take a breath test. The machines are NOT accurate. They only give a reference to where the BAC may be. Blow 1) can read .078 Blow 2) could read .014. Most DUI cases that have that as the only proof, any decent lawyer will get that thrown out. A breath test is generally followed by a Blood/Urine Test which is the most reliable. Breath test is generally a preliminary test, not the final.

One thing against a blood/urine test, after you get stopped it has more time to pull the BAC level up. But if you are borderline, or you believe you are, pee in your pants, that will lower some of it.

But a DUI charge is the only crime where a person is guilty until proven innocent.

Has eating all those Buffalo wings put cholesterol in your brain? Dude, Doogie was drunk! We all do dumb things. However, when you are at the pinnacle of your career, a CEO making millions of dollars a year in compensation for managing a multi-billion dollar corporation one would think you'd have a lot more common sense than the average bear. Doogie is supposed to be wonder guy; the reality is he's as common as the rest of us and frankly that's not good enough to run a major International airline. Sad, but true.

Later,
Eye