least surprising development of the day
Check it out:
- Airline suffers from 9/11, sluggish economy, and bad business model
- Airline demands concessions from its unions, threatens bankruptcy
- Airline wins concessions from said usions
- Airline then reveals generous bonus packages for "talented" executives--the ones responsible for the aforementioned bad business model"--sparking outrage among the unions who feel they've been hoodwinked
Read about it at USA Today: American's exec pay enrages labor. This stinks on ice.