A View From Middle England - Conservative with a slight libertarian touch - For Christian charity and traditional belief - Free Enterprise NOT Covert Corporatism

Monday, July 24, 2006

BA Flies Off With The Pension Fund!

BA 'could sell Air Miles to fund £1.8bn pensions shortfall'. So says the Independent newspaper. My basic brainpower wonders what on earth the Directors of British Airways have been doing if this amount of cash is missing from the pension fund. Is it a corporate malfeasance or just plain incompetence? For goodness sake, Robert Maxwell fell overboard for less!!

Not a bleat from the Spiv-in-chief and his chums, you notice! I wouldn't wonder if the pensioners of British Airways were contemplating an open-air roasting at the County Fair for these fund managers!

What a world! First class? Not even cattle-class! It's all very.............


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