Return on investment-Jetsgo

[FMS Guide]

I have been hearing that M.L might have set up a trust for the pilots’ money. If so, does this mean that the pilots should be able to recoup their money?

FMS

[c150driver]

The pilots will be the absolute last to see any money!:yuk:

Not to throw any salt into the wounds (I do sympatize with all those who have lost their jobs...), but I really hope this wakes up the pilot community, and we all realize that paying for a job is NOT the way to go....ML is laughing all the way to the bank with YOUR money! (some unfortunate souls lost the entire $30,000!)...total :mad: !!!

[ehwatezedoing]

I've heard the same thing about a trust set up somewhere to keep the money safe from bankruptcy.

A "hurban legend" set up by those pilots to feel less guilty ?
:ouch:

[MLS-12D]

have been hearing that M.L might have set up a trust for the pilots’ moneyI doubt very much that this would have been done for benevolent reasons. Perhaps if there was some tax-benefit to segregating the funds ... otherwise, I suspect that the money went into general revenue, and is now long gone.