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Yellow | Over 6 Billion Dollars In Concessions (givebacks)

WiseFool

WiseFool

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Where did the money go.... it certainly wasn’t used to eliminate debt. While some of it may have help reduce it, where did the rest go? Our 15% was more than enough to squash the company’s debt. So, it leaves one to expect that either the management doesn’t know what they’re doing, or they’re just straight up crooks, stealing money off the sweat of our backs, maybe a little of both. Just keep enabling them, they’re quite incorrigible!!! Just please vote, because without all the yes votes, the no votes won’t meet the voting criteria and this garbage may get forced through.
 
WiseFool said:
Where did the money go.... it certainly wasn’t used to eliminate debt. While some of it may have help reduce it, where did the rest go? Our 15% was more than enough to squash the company’s debt. So, it leaves one to expect that either the management doesn’t know what they’re doing, or they’re just straight up crooks, stealing money off the sweat of our backs, maybe a little of both. Just keep enabling them, they’re quite incorrigible!!! Just please vote, because without all the yes votes, the no votes won’t meet the voting criteria and this garbage may get forced through.
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Are you really as stupid as you sound? The debt has been paid down to some degree and new equipment has been purchased to continue to operate. Do you have the slightest concept of what the financials are all about or do you just continue to come on here and post your nonsense?
 
Triplex said:
Are you really as stupid as you sound? The debt has been paid down to some degree and new equipment has been purchased to continue to operate. Do you have the slightest concept of what the financials are all about or do you just continue to come on here and post your nonsense?
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Come on! You and everyone else knows about the yrcw account in the Cayman’s.
 
WiseFool said:
Where did the money go.... it certainly wasn’t used to eliminate debt. While some of it may have help reduce it, where did the rest go? Our 15% was more than enough to squash the company’s debt. So, it leaves one to expect that either the management doesn’t know what they’re doing, or they’re just straight up crooks, stealing money off the sweat of our backs, maybe a little of both. Just keep enabling them, they’re quite incorrigible!!! Just please vote, because without all the yes votes, the no votes won’t meet the voting criteria and this garbage may get forced through.
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The 6 billion is buried in coffee cans in Overland Park...no no the gold mines in Peru..wait wait the diamond mines in Africa. The missing 6 billion has got to be one of the biggest conspiracies of our lifetime.
 
lexmark said:
The 6 billion is buried in coffee cans in Overland Park...no no the gold mines in Peru..wait wait the diamond mines in Africa. The missing 6 billion has got to be one of the biggest conspiracies of our lifetime.
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It’s not a conspiracy, Barclays has put in an offer to buy Little Cayman Island and provide an eternal resting place for all former YRC board members, their extended families and offspring in perpetuity!
 
WiseFool said:
Where did the money go.... it certainly wasn’t used to eliminate debt. While some of it may have help reduce it, where did the rest go? Our 15% was more than enough to squash the company’s debt. So, it leaves one to expect that either the management doesn’t know what they’re doing, or they’re just straight up crooks, stealing money off the sweat of our backs, maybe a little of both. Just keep enabling them, they’re quite incorrigible!!! Just please vote, because without all the yes votes, the no votes won’t meet the voting criteria and this garbage may get forced through.
Click to expand...

We did not give back 6 billion the company paid out less in expense. And if you remember at one time we were a 9 billion a year company now we are less than 5 billion.
 
WiseFool said:
Where did the money go.... it certainly wasn’t used to eliminate debt. While some of it may have help reduce it, where did the rest go? Our 15% was more than enough to squash the company’s debt. So, it leaves one to expect that either the management doesn’t know what they’re doing, or they’re just straight up crooks, stealing money off the sweat of our backs, maybe a little of both. Just keep enabling them, they’re quite incorrigible!!! Just please vote, because without all the yes votes, the no votes won’t meet the voting criteria and this garbage may get forced through.
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I calculated only 15000 participating in the wage and pension reduction and came up with about $3 billion saved. I mean anyone could **** away $3 billion dollars and blame it on Teamsters. Strange the billion in debt is not paid off with 2 billion sitting in savings.
 
dokman said:
I don’t believe they have 2 billion in savings
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Correct. It's all for nothing. Same old POS company wasted every single penny in concessions. Not they have started a non-union logistics company and eventually everything union will be spun off to die.
 
WiseFool said:
Where did the money go.... it certainly wasn’t used to eliminate debt. While some of it may have help reduce it, where did the rest go? Our 15% was more than enough to squash the company’s debt. So, it leaves one to expect that either the management doesn’t know what they’re doing, or they’re just straight up crooks, stealing money off the sweat of our backs, maybe a little of both. Just keep enabling them, they’re quite incorrigible!!! Just please vote, because without all the yes votes, the no votes won’t meet the voting criteria and this garbage may get forced through.
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A large part of this 6 billion has been paid to me from CS, the past 29 yrs.
 
dokman said:
We did not give back 6 billion the company paid out less in expense. And if you remember at one time we were a 9 billion a year company now we are less than 5 billion.
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Would you please not post facts! Only speculation, and BS is allowed. What if the majority on here started making sense? Jeff would probably have to shut down the site.
 
WiseFool said:
Where did the money go.... it certainly wasn’t used to eliminate debt. While some of it may have help reduce it, where did the rest go? Our 15% was more than enough to squash the company’s debt. So, it leaves one to expect that either the management doesn’t know what they’re doing, or they’re just straight up crooks, stealing money off the sweat of our backs, maybe a little of both. Just keep enabling them, they’re quite incorrigible!!! Just please vote, because without all the yes votes, the no votes won’t meet the voting criteria and this garbage may get forced through.
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They didn't have enough money to pay you or the bills, so you voted to work for less. There wasn't any $6 billion to go anywhere. It didn't exist. ( Except for what they gave seabreeze to keep quiet about Elwood's Cayman account)
 
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