A Collision with Collusion
 |
Pan Am: A History of the Airline that Define An Age
 List Price: $2.99 |
Grounded: Frank Lorenzo and the Destruction of Eastern Airlines
 List Price: Price: $32.54 You Save: $2.41 (7%) |
Barbara Hollingsworth: Porn-surfing SEC missed investigating ...
Now we be familiar with why so many Securities and Disagreement Commission lawyers and accountants did bantam or nothing to put a stop to Bulkhead Lane bankers from playing mellifluous chairs with toxic assets, or peter out Bernie Madoff and Allen Stanford from larceny billions from investors. They were too over-decorated downloading porn on their direction computers.
Which also explains why the SEC didn't nudge to probe serious allegations respecting the United Airlines bankruptcy and the largest corporate superannuation non-payment in U.S. biography.
When Chicago Chief Bankruptcy Justice Eugene Wedoff declared United bankrupt in 2006, the airline was allowed to chuck out all its social security liabilities on the federal Social security Benefit Guaranty Corporation. But retired pilots rights that the airline fraudulently listed its resort to-flier Mileage Plus asset -- value an estimated $15 billion at the beforehand -- as a drawback in documents submitted to the court and the PBGC.
Without delay afterward, James Sprayregan, United's deceive bankruptcy attorney, accepted a job at Goldman Sachs -- one of the airline's prime creditors. The timing of Sprayregan's move should have at least piqued the interest of SEC regulators. It did not. They were otherwise occupied.
...Employees Expected to 'Bear the Burden' of American Airlines Bankruptcy
After 81 years of flying, American Airlines landed in federal bankruptcy court Tuesday, filing for Chapter 11 protections against its creditors ...