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Dan Quayle ruins World Airways and loots it.

OnePercenter

Gold Member
Apr 10, 2013
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Republican family values?

Cerberus Loots Bankrupt Airline's Health Care Account*|*James P. Hoffa

World Airways was a profitable company until another private equity firm, MatlinPatterson, came along and loaded it with debt. They collected handsome fees and interest until Cerberus -- run by former Vice President Dan Quayle and former Treasury Secretary John Snow -- threw the airline in the trash along with its employees. Many of the flight attendants and pilots had served their country and company since the Vietnam War.
 
Republican family values?

Cerberus Loots Bankrupt Airline's Health Care Account*|*James P. Hoffa

World Airways was a profitable company until another private equity firm, MatlinPatterson, came along and loaded it with debt. They collected handsome fees and interest until Cerberus -- run by former Vice President Dan Quayle and former Treasury Secretary John Snow -- threw the airline in the trash along with its employees. Many of the flight attendants and pilots had served their country and company since the Vietnam War.

Wow for a man that can't spell potato, he is a pretty powerful man. LOL

Quale did not ruin this business. It's filed for bankruptcy protection at least three times in a 2 years. They did not pay their bills and could not restructure, even tho they were given over 124 million by Cerberus. Flight 30 probably did not help either.
 
CaféAuLait;9039838 said:
Republican family values?

Cerberus Loots Bankrupt Airline's Health Care Account*|*James P. Hoffa

World Airways was a profitable company until another private equity firm, MatlinPatterson, came along and loaded it with debt. They collected handsome fees and interest until Cerberus -- run by former Vice President Dan Quayle and former Treasury Secretary John Snow -- threw the airline in the trash along with its employees. Many of the flight attendants and pilots had served their country and company since the Vietnam War.

Wow for a man that can't spell potato, he is a pretty powerful man. LOL

Quale did not ruin this business. It's filed for bankruptcy protection at least three times in a 2 years. They did not pay their bills and could not restructure, even tho they were given over 124 million by Cerberus. Flight 30 probably did not help either.


Try reading slowly.....

World Airways was a profitable company until another private equity firm, MatlinPatterson, came along and loaded it with debt. They collected handsome fees and interest until Cerberus -- run by former Vice President Dan Quayle and former Treasury Secretary John Snow -- threw the airline in the trash along with its employees. Many of the flight attendants and pilots had served their country and company since the Vietnam War.
 
JAMES HOFFA?

as in the mob related Jimmy Hoffa who got buried under some goal posts

are you kidding me
 

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