This ought to be against the law!
I'm thrilled to report that my little parody slamming Glen Tilton is now the Labor Notes - Song Of The Month
Shut 'Cha Down
Anne Feeney, on receipt of Labor Heritage Foundation's 2005 Joe Hill award, introduced the song this way:
I was just at the Regina Polk union women's leadership conference in Chicago where fully a third of the women attending worked for United Airlines.
I don't how many of you followed what went on, but most of them had put $60,000 to $100,000 of their salary into the employee stock option plan, and when United's stock became worthless they said "Well at least we have the wonderful pension that the union has negotiated for us."
And while we were at this conference the federal bankruptcy court set aside United's pension obligations and funneled it all over to the PBGC [Pension Benefit Guaranty Corporation].
And at the same time Glenn Tilton the obnoxious CEO -- there are no words to describe this man -- well maybe there's one -- anyway he was awarded a $450 million guaranteed pension in rocognition of his resolute handling of this crisis.
So this was the biggest hit on Concourse C at O'Hare after the conference. We went from counter to counter singing this.
Actually, Anne was off by a couple of decimal points. Tilton's guaranteed pension is only $4.5 million. Still, when compared to the average United employee's guaranteed pension through PBGC, he is flying high.
Personnel: Anne Feeney, lead vocal, guitar; Steve Jones, piano; Rafael Herrera, Pam Parker, Janet Stecher, harmony vocals