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Shots In The Dark
Sunday, May 15, 2005
  Sunday Morning Updates
....Jason Giambi singled again last night, as the Yanks trounced the As, 15-6, for their seventh straight. Then, late in the game, a fan threw a beer on him. "I was just walking down to the dugout, and all of a sudden I smelled like Budweiser," he said. Must have been a visitor from Boston.

...Guess who was paid the most in the airline biz last year? Yup—the CEO of United, Glenn F. Tilton, who received a compensation package totaling $1.1 million. By contrast, the CEO of profitable Southwest (as opposed to bankrupt United) received only $542,000.

Would the person who left the comment blaming United's troubles on its unions care to address that?

...On his blog, David Warsh follows up on Alex Beam's scoop that David McClintick is writing a book about the Harvard-HIID scandal. (This story may not be posted until Monday; if you subscribe to the e-mail version, you get it a day early.)

Warsh's take: "What makes Harvard's involvement so interesting is its human dimension. It is essentially the story of a friendship between two of the brightest among the rising generation of economists, Lawrence Summers and Andrei Shleifer. They met and became fast friends in 1979, when Summers was a Harvard teaching fellow and Shleifer was a sophomore student, having emigrated with his parents from the former Soviet Union only two years before...."

Today Summers is a controversy-dogged university president, and Shleifer is defending his reputation in court. But the two men remain close. (Was that Summers' girlfriend Lisa New I saw sitting next to Shleifer at the no-confidence faculty meeting?)
 
Comments:
If you take a look at my comment to your 5/11 United post you'll see that I placed the blame for United's situation on both unions and poor management.

This isn't the place for a long treatise on labor/management issues in the airline industry, but suffice it to say that there is a lot of blame to go around on both sides.

I chose to focus on union issues since I knew damn well you'd ignore that particular elephant in the room.
 
But you may know more about it than I do. I'm aware that union contracts have been a huge problem for airlines as they try to cut costs; but it seems to have been the pattern that the airlines usually win the concessions they need from the unions.

Just FYI, though, I'm no knee-jerk union sympathizer. I think they often do good; often, not. I've been a union member, and while I got paid more as a result, the union was a pain in other ways. I myself would love to break the postal workers' union, as every time I go to the post office, I'm struck by the absymal level of customer service, and the near-total lack of innovation.

I general, I think that well-run companies can avoid unions, and that kind of situation is best for both workers and management. What's sad is how many poorly run companies there are.....
 
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Name:richard
Location:New York, New York
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