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"Out Of The Blue" Phase


Guest WA777

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Guest WA777

With CR's departure at such a critical time we must be exremely vigilant for that "out of the blue" development which catches all the unions and everyone offguard. BOD, Milton, Judge, Monitor, GE Capital etc..it could come from anywhere...a very serious time.

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Guest Altitude

The assumption you make is he is leaving because he knows something we don't vice he was pushed out as a concession to labour, in which case this is a positive development.

The one thing that concerns me is the GE Capital bid had both Milton and Calin staying on as a condition of the DIP financing. Any word on whether GE has indicated a willigness to amend its agreement???

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Guest WA777

I'm unable to enlighten you on GE but I do find it curious that CR would depart at this particular point...obviously there is more to the story than we currently know. Knowing how tough CR was on employees I wonder if Milton will use this opening to try and connect with the troops?..we need to build some trust.

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