How United dug itself into a big hole A combination of expensive pilots' contracts, a failed merger, labor unrest= =20 and a simple miscalculation by the boss conspired to leave United in its=20 current financial mess, according to an extensive investigation by The=20 Denver Post. Among other things, the report concludes that CEO Jim Goodwin= =20 botched the talks with pilots by agreeing to a union-suggested deadline for= =20 a new pact =97 cementing his reputation as someone who could get along with= =20 the unions rather than appearing the tough manager who was needed in a=20 looming crisis. Meanwhile, United said today that holders of its common=20 stock will likely see their investments wiped out once the airline emerges= =20 from bankruptcy. rest of the=20 article.....http://www.denverpost.com/Stories/0,1413,36%7E53%7E1444206,00.ht= ml *************************************************** The owner of Roger's Trinbago Site/TnTisland.com Roj (Roger James) escape email mailto:ejames@xxxxxxxxx Trinbago site: www.tntisland.com Carib Brass Ctn site www.tntisland.com/caribbeanbrassconnection/ Steel Expressions www.mts.net/~ejames/se/ Mas Site: www.tntisland.com/tntrecords/mas2003/ Site of the Week: http://www.natalielaughlin.com/ TnT Webdirectory: http://search.co.tt *********************************************************