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Roswell Daily Record in Roswell, New Mexico

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Dec 05, 2002

Page

9

United loses bid for 1.8 billion loan guarantees

United Airlines fails to win 1.8 billion dollars in federal loan guarantees from the Air Transportation Stabilization Board. The board calls United’s business plan financially unsound and poses high taxpayer risk. If denied, United may pursue bankruptcy or revise its request.

Washington United Airlines Air Transportation Stabilization Board United US Airways Congress U.S Glenn Tilton Tilton United Mechanics and Aircraft Cleaners Treasury Peter Fisher Federal Reserve Board Edward Gramlich Kirk van Tine Transportation Department Gramlich Fisher Daniel Montgomery Pilots Union ATSB Paul Whiteford United Pilots Union Union United Flight Aften

Bush Restores Bonuses for Federal Political Appointees

The White House disclosed that cash bonuses for about 2100 political appointees at federal agencies have been reinstated. Bonuses above 25000 require presidential approval, with funds drawn from existing salary budgets. Critics warn of potential merit abuse amid privatization and Homeland Security moves.

Washington White House Clinton Bush Andy Card Office of Personnel Management Card Leon Panetta Panetta Ari Fleischer Congress Department of Homeland Security

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