On Thu, 21 May 2009 18:46:54 +0100, Orchid XP v8 wrote:

>>> If the bank won't lend them money, why should you?
>> 
>> That's what I'd go with.
>> 
>> I'd also question the true legality of using peer pressure to get
>> everyone to agree to a pay cut.  At best that seems unethical to me.
> 
> Apparently it's moot now. Some people rejected it.

That sounds like the best option - even though some individuals may be 
let go as a result, it didn't sound like there was a guarantee that that 
wouldn't have happened even if everyone had agreed to the pay cut.

Jim

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