Corporate Greed Assisted By Federal Courts

In 2006, United Airlines was in bankruptcy, whining how it was so broke the pensions had to be written off . . .

Then, magically, they later find they have $16 BILLION in extra assets they can cash-in on now that those pesky pensions have been “legally looted.”

May 10, 2005 — Bankruptcy Judge Eugene Wedoff approves United’s plan to terminate employee pensions, clearing the way for the largest corporate-pension default in American history.