THAT OLD CLASS ACTION

When the Onex Corporation bought Boeing's commercial aircraft operations in Kansas and Oklahoma, they came up with a money saving strategy:

Fire the old guys!

Onex even sent an E-mail to the board of directors describing the strategy, and saying "We are moving from a demographically expensive population towards one that should be cheaper."

Now the fired old guys are bringing a class action suit. They want their jobs back, unspecified compensatory damages and $1.5 billion in punitive damages.

It was pretty stupid of the Onex executives to put their age strategy in writing. But they were probably just too young to know better.