PPRuNe Forums - View Single Post - SLS to be paid back in March
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Old 4th Feb 2010, 10:14
  #21 (permalink)  
Forward CofG
 
Join Date: Aug 2002
Location: In the Haze
Posts: 47
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BlueEng

How can someone giving you money be screwing you??
Since when would Cathay repaying the interest free money that they took off their employees, under duress, be called free money????

The owners of this company did not paid any cash towards the shortfall of operating profit during the GFC.

It was the employees that sacrificed cash, after veiled threats and intimidation made by management!!!!!!!!!

If there is a repayment of SLS (which I doubt will happen), minus any provident fundable parts, as an gratia-payment. Then I will have given up more money than most staff did in SLS.

BlueEng, you may be happy to bend over for management, but I am not.

Unbelievable
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