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Yah it was the working people who wanted a life, not the shareholders who want to sit on their asses and collect dividends.

Thank God the company lasted long enough for management to raid the pension fund.

I mean, borrowing cash to buy other companies so you're saddled with debt is the american way, pioneered by Sears / KMart and Eastern Airlines. It wasn't the stock buybacks. It was clearly the unions.

HN title is more editorialized than TFA! "Obviously"?

Competitive industries with relatively low levels of government intervention deliver the most value to consumers and are best able to adapt in times of crisis.

And just a few paragraphs previously they quickly whisked by the US$700 million government bailout they got just last year that Yellow apparently pissed away. I mean, I'm as much of a capitalist as the next entrepreneur, but even I can't keep a straight face reading tripe like this.

accurate reporting from the conservative think tank

It Was Obviously the Unions