Verified Document

United Wins Approval To Dump Term Paper

Given the high potentiality of a negative outcome, what ethical obligation did the unions have to then protect their most vulnerable members from bearing the brunt of this outcome? Those retired and near retirement are in the poorest position to recover from losses to their pension plans. They have no time to make up the loss, whereas younger workers would still have decades to restructure their retirement plans. The unions themselves failed in their obligation to protect the older and retired workers from a devastating blow to their retirements. However, even taking this into consideration, there was still a duty on the part of United and especially the PBGC to attempt to mitigate the damage done to these more vulnerable employees, and they too failed in this regard. Conclusion

Prior to the deal between PBGC and United, the parties had negotiated in good faith. The unions made some tactical errors, however, and failed in their ethical obligation to steer the financial losses away from their members who could least afford to bear those costs. With the PBGC/United deal, however, they failed in their ethical...

As a result of these ethical failures, the costs of the inevitable restructuring were borne by the stakeholders in the poorest position to recover from such losses.
Sources:

Marks, Alexandra (2004) United's Pension Woes: Sign of a Bigger Issue Christian Science Monitor Retrieved March 27, 2008 at http://www.csmonitor.com/2004/1004/p02s01-usec.html

2005) Responsibility, Please. Pittsburg Tribune-Review Retrieved March 27, 2008 at http://uspolitics.about.com/gi/dynamic/offsite.htm?zi=1/XJ&sdn=uspolitics&cdn=newsissues&tm=4&f=00&tt=2&bt=0&bts=1&zu=http%3A//pittsburghlive.com/x/tribune-review/opinion/archive/s_335671.html

2005) the Lessons of United Sacramento Bee Retrieved March 27, 2008 at http://uspolitics.about.com/gi/dynamic/offsite.htm?zi=1/XJ&sdn=uspolitics&cdn=newsissues&tm=14&f=00&tt=2&bt=1&bts=1&zu=http%3A//www.sacbee.com/content/opinion/story/12905923p-13754445c.html

Sources used in this document:
Sources:

Marks, Alexandra (2004) United's Pension Woes: Sign of a Bigger Issue Christian Science Monitor Retrieved March 27, 2008 at http://www.csmonitor.com/2004/1004/p02s01-usec.html

2005) Responsibility, Please. Pittsburg Tribune-Review Retrieved March 27, 2008 at http://uspolitics.about.com/gi/dynamic/offsite.htm?zi=1/XJ&sdn=uspolitics&cdn=newsissues&tm=4&f=00&tt=2&bt=0&bts=1&zu=http%3A//pittsburghlive.com/x/tribune-review/opinion/archive/s_335671.html

2005) the Lessons of United Sacramento Bee Retrieved March 27, 2008 at http://uspolitics.about.com/gi/dynamic/offsite.htm?zi=1/XJ&sdn=uspolitics&cdn=newsissues&tm=14&f=00&tt=2&bt=1&bts=1&zu=http%3A//www.sacbee.com/content/opinion/story/12905923p-13754445c.html
Cite this Document:
Copy Bibliography Citation

Related Documents

China and the World Trade Organization on
Words: 8173 Length: 30 Document Type: Capstone Project

China and the World Trade Organization On December 11, 2001, China officially became a member of the World Trade Organization (WTO), opening the country's doors to change and a new economy. One year after china's entry into the WTO, the country reported great success, showing better-than-expected economic growth and fulfillment of its WTO commitments, despite the shaky world economy. The excellent performance of the Chinese economy was clearly demonstrated by its 8% growth

Election of 1992
Words: 1441 Length: 4 Document Type: Term Paper

presidential election of 1992 was a tight race, compared to others in history. The struggle between the Clinton camp, which focused on a platform involving the economy, the Bush camp, who focused on a platform whose basis was trust and taxes, and the Perot camp, who relied on a business-style economic platform, all combined to form one of the most interesting and changing races in recent years. This paper

Inconvenient Truth Former Vice President
Words: 11687 Length: 40 Document Type: Term Paper

The hope, of course, that to the extent possible, both groups will invest themselves, and their money, in the ways that Mr. Gore is going to suggest in the film. The Scientist and Mentors Finally, Mr. Gore shows an image of earth that was made by a friend of his - all of the experts in the film are friends of Mr. Gore. The image was, again, made over a period

NAFTA Historical Beginning of NAFTA With Specific
Words: 24582 Length: 89 Document Type: Term Paper

NAFTA Historical Beginning of NAFTA (with specific bibliography) NAFTA Objectives What is NAFTA The Promise of NAFTA NAFTA Provisions Structure of NAFTA Years of NAFTA (NAFTA not enough, other plus and minuses).. Environmental Issues Comparative Statements (Debate) NAFTA - Broken Promises NAFTA - Fact Sheet Based Assessment NAFTA & Food Regulation NAFTA - The Road Ahead NAFTA in Numbers Goal Fulfillment Major Milestones Consolidated Bibliography This study set out to examine the inner workings of the North American Free Trade Agreement. The aim of this study is

Constitutional Law: Real Estate Eminent
Words: 2921 Length: 9 Document Type: Thesis

" (GAO, 2006) Issues involved are stated to include "the dispersal of residents in low-income communities to other neighborhoods or cities." (GAO, 2006) it is stated that an inherent right of "sovereignty, eminent domain in a government's power to take private property for a public use while fairly compensating the property owners." (GAO, 2006) There have been actions in state legislatures toward prohibition of "certain eminent domain practices, such as preventing

Poetry Anthology for Many Readers,
Words: 6487 Length: 15 Document Type: Term Paper

This is evident from the first as the poet writes, I am inside someone -- who hates me. I look out from his eyes (1-3). This approach allows him to take a jaundiced view of himself and criticize his own shortcomings, as if they were those of someone else. He says he hates himself, meaning more that he hates some of the things he has done and that he may expect

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now