Guest Josh Posted September 21, 2005 Four weeks before Northwest filed for bankruptcy, Northwest Chairman Gerald Wilson sold about one-third of his Northwest stock at about five and a half dollars a share. Since bankruptcy, Northwest stock has been less than a dollar. Congresswoman Candice Miller of Macomb County said Wilson is a greedy coward. “Here you have an individual who should be demonstrating leadership… for Northwest Airlines, and instead of that, he couldn’t wait to sell his stock off a month before he must have known fully well that they were going to be declaring bankruptcy. Again, just another unfortunate example – in my observation – of corporate greed,” explained Miller. A spokesperson for Northwest said Wilson would not answer questions. A written statement said Wilson's stock sale was in accordance with Securities and Exchange Commission rules. Quote Share this post Link to post Share on other sites
Drew Dowdell 6,487 Posted September 21, 2005 Four weeks before Northwest filed for bankruptcy, Northwest Chairman Gerald Wilson sold about one-third of his Northwest stock at about five and a half dollars a share. Since bankruptcy, Northwest stock has been less than a dollar. Congresswoman Candice Miller of Macomb County said Wilson is a greedy coward. “Here you have an individual who should be demonstrating leadership… for Northwest Airlines, and instead of that, he couldn’t wait to sell his stock off a month before he must have known fully well that they were going to be declaring bankruptcy. Again, just another unfortunate example – in my observation – of corporate greed,” explained Miller. A spokesperson for Northwest said Wilson would not answer questions. A written statement said Wilson's stock sale was in accordance with Securities and Exchange Commission rules. [post="18012"]<{POST_SNAPBACK}>[/post] No one should have been suprised even in Mid-July that NWA was going into bankrupcy. If you'd flown them recently, you'd know. Quote Share this post Link to post Share on other sites
regfootball 362 Posted September 22, 2005 Four weeks before Northwest filed for bankruptcy, Northwest Chairman Gerald Wilson sold about one-third of his Northwest stock at about five and a half dollars a share. Since bankruptcy, Northwest stock has been less than a dollar. Congresswoman Candice Miller of Macomb County said Wilson is a greedy coward. “Here you have an individual who should be demonstrating leadership… for Northwest Airlines, and instead of that, he couldn’t wait to sell his stock off a month before he must have known fully well that they were going to be declaring bankruptcy. Again, just another unfortunate example – in my observation – of corporate greed,” explained Miller. A spokesperson for Northwest said Wilson would not answer questions. A written statement said Wilson's stock sale was in accordance with Securities and Exchange Commission rules. [post="18012"]<{POST_SNAPBACK}>[/post] not surprising. that dude should be called out. Quote Share this post Link to post Share on other sites
Croc 268 Posted September 23, 2005 NorthWest isn't a bad airline. I actually like them. They are one of a very few that offer direct flights from IND to LAX (and vice versa if you're lucky). For my winter recess flight schedule, I go LAX-DTW, then DTW-IND, but the return is direct baby! I've never been to DTW before...is it a good airport, or is it nasty? Be honest. Quote Share this post Link to post Share on other sites