American Airlines-US Airways merger gets court approval

This is how our government looks out for us. I really wish they would STOP looking out for me.

Well, you are probably correct and regardless of what they do, I can't see any individual beig woth that kind of money. That said, Horton was given the helm after it had been plundered and ran in the ground by his predassessors; there was no choice except BR and it was widely known that he had long been in favor of the BR route before he was handed the CEO job, so it was no surprise that it happened. His job was to maximize the $ to the stockholders, employees be damned and that he has done. It was the AMR board that set that deal and it was the BR law that allowed him to do it legally. It may not be right or moral, but it is legal.

That would be tough to take but I figure that paltry sum would get him a nice suite out at the track if he is a race fan.LOL, Hell, he might even have enough left to buy a bag of ice from you.lol

Actually the creditors are trading their losses for stock so their return will be entirely predicated on how the new entity does.

Great line from one of the comment posters about Tom Horton...suggesting he will start a competing line of coffee shops named after himself. This will appeal to Canadians who continue to flock to "Tim Horton's Coffee Shops" conveniently located on every corner East of British Columbia.

If that is the case, obama will bail them out when they do.