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June 14, 2005
Human Toll of a Pension Default
The United pension fund default has some human faces here:
Ellen Saracini lost her husband, United Airlines Capt. Victor J. Saracini, when his Flight 175 crashed into the World Trade Center on Sept. 11, 2001. Now she stands to lose more than half of her widow’s pension in a very different kind of crash—United’s default of its $9 billion pension obligations.
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Posted on June 14, 2005 05:14 PM by united140.
Filed in Travel Blog under united airlines.
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