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...also asked the government to make $1.6 billion in loan guarantees under a provision designed to relieve the aftereffects of Sept. 11. The smaller carriers complain that taxpayers should not be asked to keep financing those airlines' inefficient ways. "What kind of public policy is it," asks Edward Faberman, a Washington lobbyist who helped compose the letter, "to relieve bad management from their mistakes and to prop up dinosaur companies?" Responds a spokeswoman for United: "These moves are what's needed to be competitive in this environment, and they are being done in cost-effective ways." --By Sally B. Donnelly

Author: /time Magazine | Title: The Little Guys Gang Up | 3/8/2004 | See Source »

...PAUL F. FABERMAN Piedmont, Calif...

Author: /time Magazine | Title: Letters: Dec. 18, 1964 | 12/18/1964 | See Source »

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