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Message: RE: United Airlines gets 3 billion dollar loan for bankruptcy exit

RE: United Airlines gets 3 billion dollar loan for bankruptcy exit

posted on Oct 07, 2005 05:51AM
``A federal appeals judge today approved United Airlines` effort to have a federal agency take responsibility for $3.2 billion of its employee pension obligations during the next five years, and opened the door for a possible Social Security bailout as well.``

What does that mean....they do not meet their payroll obligations either?

Wonder if they pay in the employee deducted half of SS?

doni

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