While pensions fall short, CEOs fly high (absolutely scandalous)

[rpannier]

If this isn't criminal, I don't know what is.

Ford, GM, United Airlines, Continental. They're just four of the companies struggling with falling profits and pension problems as their executives get huge payouts.
United Airlines, workers stand to lose more than $3 billion in promised benefits as the airline passes its pension obligations on to the government.
Unfunded pension obligations at Ford have risen to a whopping $12.3 billion, and General Motors is looking at shortfalls of $7.5 billion.
In the executive suites of these companies, however, there's no pain to be found. United Airlines chief executives John Creighton, Jr. and Glenn Tilton collected $13.1 million in the two years leading up to its 2002 bankruptcy.

I guess bringing this up is what shill o'liely calls "Class Warfare" The complete article can be found at:

http://moneycentral.msn.com/content/P119362.asp

[BayCityProgressive]

1. There is class warfare

And I intend on helping the middle class and working poor win it.

[brainshrub]

2. Hey! Didn't you get the memo?

You aren't allowed to use the term "Class Warfare" in polite company.

(It's a good thing DU isn't polite company.)

[foflappy]

3. if something is not done it will be class warfare

if only we made them pay taxes on that income....that is the part that gets me...blame the boards for this and the small pool of CEOs share holders should bitch more than they do (I know many who regularly bitch about CEO pay )

I can see that a manager should make more than a person with less responsibility but not hudreds of time more...

[smirkymonkey]

4. I am just waiting for the rash of disgruntled employees offing

thier greedy, fat cat employers. Postal time.