Southwest Airlines pilots protest lack of progress on new contract

David Koenig

Associated Press

There's a shortage of pilots at many airlines, and pilot unions are demanding higher pay in contract negotiations.

On Tuesday, hundreds of uniformed Southwest Airlines pilots picketed at the Dallas airport to protest the lack of progress on a new contract.

The picketing is taking place as airline unions seek sizable wage increases.

DALLAS – Hundreds of uniformed Southwest Airlines pilots stood in perfect lines in the scorching Texas sun at Dallas Love Field on Tuesday, holding signs that blamed Southwest management for delays and cancellations that have upset passengers.

Every once in a while, a motorist would honk or yell encouragement. Most passengers made a beeline for the security checkpoint inside the terminal.

The protest, which the union said drew up to 1,300 pilots, was the latest example of airline workers trying to put pressure on companies by taking their demands for higher pay directly to the flying public.

Federal law makes it nearly impossible for airline unions to conduct legal strikes. Contract negotiations tend to drag out – often for years. Southwest's flight attendants have been working under an old contract since 2018.

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That slow pace causes unions to look for creative ways to put pressure on management. Sometimes they vote to authorize a strike – Alaska Airlines pilots did that last month – even though there is little chance that they will walk off the job.

Last week, the Air Line Pilots Association, or ALPA, posted an open letter to Delta Air Lines customers, saying its members empathized with travelers whose flights were delayed or canceled, and blaming Delta management. The union said Delta has scheduled more flights than it has pilots to fly, and pilots were working record overtime hours.

Earlier this month, American Airlines pilots picketed near the New York Stock Exchange, and before that, at major airports. Some held signs such as, "Frustrated with AA? So are we."

Airline unions are hoping to take advantage of the strong demand for travel this summer to win increases in wages and benefits.

United Airlines reached an agreement with ALPA last month. Terms have not been disclosed, but they likely included higher pay – United's CEO called it an industry-leading proposal. The deal still needs to be ratified by pilots.

Two regional subsidiaries of American will give pilots a wage premium of 50% through August 2024 in addition to longer-term increase. So-called regional carriers, which operate American Eagle, Delta Connection and United Express flights, are being hit hardest by a shortage of pilots.

On Tuesday at Love Field, which is next to Southwest headquarters, pilots in crisp white short-sleeved shirts with epaulets on their shoulders stood at attention, holding signs that read "Southwest's operation: From first to worse," and "Our passengers and pilots deserve better."

Casey Murray, president of the Southwest Airlines Pilots Association, the union for the airline's 9,000 pilots, said work has turned into a "flightmare" for pilots because of over-scheduling.

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"It's a struggle every day out there. Our fatigue rates reflect that," he said. In the first five months of this year, Southwest pilots reported feeling fatigued at more than triple the rate of a year ago, according to figures from the union, which says this raises safety concerns.

Southwest said in a brief statement that it respects the right of employees to express their opinions, "and we do not anticipate any disruption in service as a result of this single demonstration." The airline declined to comment on the union's concerns.

Neither the union nor the company would discuss wages or other bargaining topics.

Dallas-based Southwest has been hiring pilots since last year to replace those who took buyouts that the airline offered in 2020, when the pandemic caused air travel to plummet. The union says pilots are not being fairly compensated for handling extra flights, and that Southwest uses outdated crew-scheduling technology that makes it hard for the airline to recover from even minor hiccups.

Southwest, the nation's fourth-biggest airline, suffered through high cancellation rates last summer and again in early October, when weather-related cancellations in Florida cascaded into a dayslong, nationwide meltdown. It has performed better more recently, including over the Memorial Day weekend.

It is hard if not impossible to know whether picketing at airports helps unions at the bargaining table.

Pilots enjoy particular respect from travelers, and when they picket in full uniform, "they create a powerful image" that travelers remember, said Henry Harteveldt, a travel analyst with Atmosphere Research Group.

Harteveldt said pilots currently have leverage in negotiations because of a pilot shortage and widespread flight delays and cancellations.

"But timing is everything in these negotiations," he said. "If the economy has a significant slowdown and airlines see business fall off and scale back their flying, then the leverage pilots have today may be gone."

Gas tax holiday plan, Roe v. Wade, Southwest Airlines pilots protest ...

President Joe Biden proposed a tax holiday on fuel, but not everybody in Congress is ready to hit the gas. An earthquake rocked Afghanistan, leaving 1,000 dead and scores more injured. And we're looking at the maze of state abortion laws that would be triggered should Roe v. Wade be overturned.

👋 It's Laura Davis. It's Wednesday. I'm standing on one leg. Here's everything you need to know.

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Congress not quite ready to green-light Biden's gas tax holiday

As gas prices soar above $5 a gallon in many states, President Biden on Wednesday called on Congress to temporarily halt the federal tax on gas and asked states, which have their own taxes, to take similar action. But House Speaker Nancy Pelosi and other top Democrats were skeptical and remained noncommittal, signaling Biden's proposal could be doomed out of the gate. The pause, which Biden envisions lasting through September, would require congressional approval. The White House billed the holiday as a way to provide some "breathing room" as it works to bring costs down over the long term. Read more about Biden's plan.

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Pilots picket as airline unions leverage summer travel woes

Hundreds of uniformed Southwest Airlines pilots stood in perfect lines in the scorching Texas sun at Dallas Love Field on Tuesday, holding signs that blamed Southwest management for delays and cancellations that have upset passengers. The protest, which the union said drew up to 1,300 pilots, was the latest example of airline workers trying to put pressure on companies by taking their demands for higher pay directly to the flying public. Keep reading to learn more about the pilots' plight.

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A break from the news

Labor strikes: These are the 31 biggest worker strikes in US history

Thomas C. Frohlich and John Harrington

24/7 Wall Street

The coronavirus pandemic’s devastating effect on the world’s economies has shined a harsh light on the value of labor – it is the most vulnerable commodity in our economic system. In the countless examples of workers' struggles in U.S. history, this power has been leveraged – with varying degrees of success – to negotiate and improve labor conditions across all manner of workplaces.

Many elements of gainful employment Americans may take for granted, such as health benefits, a living wage, and the 40-hour work week, were won by organized labor. Here are the best jobs in America.

Even though a wave of strikes hit the U.S. as recently as 2018, union membership has declined for decades. This pattern can be seen in our ranking of strikes by cumulative work stoppage days, with the nation’s largest worker actions tending to have occurred earlier than the less massive strikes. For a geographical perspective on union strength, here are the states with the strongest and weakest unions.

24/7 Wall St. reviewed data from the Bureau of Labor Statistics as well as media and archive reports on historic work stoppages to determine the largest worker strikes in American history.

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31. Detroit Newspapers Strike

• Duration: July 13, 1995 to Feb. 19, 1997

• No. of strikers: 2,500

• Cumulative days off the job: 1,012,500

Unions representing journalists, printers, truck drivers, maintenance workers, and other laborers went on strike over management's attempt to create a merit-based raise system and limit overtime. The newspapers hired replacement workers, and the union called off the strike.

30. Boeing Machinists Strike of 2008

• Duration: Sept. 6, 2008 to Nov. 1, 2008

• No. of strikers: 27,000

• Cumulative days off the job: 1,053,000

The International Association of Machinists and Aerospace Workers ended an eight-week strike in November 2008 with an agreement that the union said protected factory jobs, prevented some outsourcing of posts at Boeing, and retained health care benefits. Boeing management said the accord gave the company more labor flexibility.

29. Wheeling Pittsburgh Steel Corp. Strike

• Duration: Oct. 1, 1996 to Aug. 12, 1997

• No. of strikers: 4,800

• Cumulative days off the job: 1,142,400

A 10-month strike involving steel workers at eight plants in three states ended in August 1997. The union said the agreement boosted pension benefits for the company's steel workers and provided for early retirements. The accord allowed Wheeling to reduce workforce by 20%. The company closed in 2012.

28. Trucking Strike of 1994

• Duration: April 6, 1994 to April 29, 1994

• No. of strikers: 71,000

• Cumulative days off the job: 1,180,500

The 23-day strike, the nation's longest trucker strike, ended on April 29, 1994. The agreement limited companies' ability to hire part-time workers, paving the way for more items to be shipped by rail instead of by truck.

27. Northwest Airlines Strike

• Duration: Aug. 20, 2005 to Nov. 6, 2006

• No. of strikers: 3,000

• Cumulative days off the job: 1,183,800

The mechanics' strike against Northwest Airlines proved to be a disaster for the striking workers and their union. Northwest replaced all of the strikers, and some of the strikers and laid-off workers crossed the picket line. The strike also failed because none of the other unions supported the picket lines.

26. UAW Strike of 1996

• Duration: March 8, 1996 to March 22, 1996

• No. of strikers: 136,000

• Cumulative days off the job: 1,260,000

The United Auto Workers strike ended on March 22, 1996, when union leaders agreed to allow General Motors to outsource parts operations in exchange for the company's promise to retain and add jobs at two plants.

25. The U.S. Postal Strike of 1970

• Duration: March 18, 1970 to March 25, 1970

• No. of strikers: 210,000

• Cumulative days off the job: 1,260,000

More than 200,000 employees in 30 cities participated in the U.S. Postal Strike of 1970. Comprising a significant share of the nation's 750,000 postal workers, activists halted mail service in New York, Detroit, and Philadelphia, triggering President Richard Nixon to declare a national emergency. Despite the military's efforts to quell the strikes, a deal was eventually struck resulting in higher pay and better labor conditions under the Postal Reorganization Act of 1970.

24. General Motors Strike

• Duration: Sept. 16, 2019 to Oct. 25, 2019

• No. of strikers: 46,000

• Cumulative days off the job: 1,334,000

The work stoppage by the United Auto Workers in the fall of 2019, the longest against General Motors in 49 years, cost GM about $4 billion, according to the automaker. Under terms of the four-year accord, pay for older workers will increase 6% each year. Hourly workers were to receive an $11,000 signing bonus. The union also thwarted a company demand for workers to pay a greater share of health-care expenses.

23. Kaiser Aluminum Corp. Strike

• Duration: Oct. 1, 1998 to Sept. 18, 2000

• No. of strikers: 3,000

• Cumulative days off the job: 1,479,000

After several round of negotiations, aluminum workers rejected Kaiser's proposal and went on strike on Sep 30, 1998. The union cited, among other issues, the company's failure to repay losses incurred during compensation cut agreements made in the 1980s that were made to stave off bankruptcy. After nearly two years of numerous failed negotiations and snags, a deal was finally agreed upon on Oct 1, 2000.

22. Boeing Strike of 1995

• Duration: Oct. 6, 1995 to Dec. 14, 1995

• No. of strikers: 33,000

• Cumulative days off the job: 1,551,000

Machinists and assembly line workers in 1995 won significant wage increases as a result of a strike that lasted over a month. Additionally, while Boeing would continue to increase its practice of contracting jobs overseas, the deal included the concession that any worker affected by subcontracting would be entitled to retraining for work elsewhere at the company.

21. Charter Communications Inc. Strike

• Duration: March 28, 2017 to ongoing

• No. of strikers: 1,800

• Cumulative days off the job: 1,578,600

Charter Communications workers started striking in March 2017 to fight changes to their retirement and health care benefits made after Charter acquired Time Warner and rebranded as Spectrum in 2016. Before the coronavirus outbreak hit the U.S., the strike was the longest ongoing strike in the United States.

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20. 1934 West Coast Waterfront Strike

• Duration: May 9, 1934 to July 17, 1934

• No. of strikers: 35,000

• Cumulative days off the job: 1,750,000

Starting with 12,000 dock workers in the spring of 1934, the West Coast Waterfront Strike included at its peak 35,000 laborers across various marine industries and lasted for 83 days. Though not included in the tally for this particular strike, Teamsters and other unions showing solidarity with the longshoremen brought the total workers on strike during this time to 130,000. The strikers achieved their goals through arbitration in October 1934 after ending the strike in July.

19. United Parcel Service Strike of 1997

• Duration: Aug. 4, 1997 to Aug. 21, 1997

• No. of strikers: 180,000

• Cumulative days off the job: 2,032,500

UPS workers represented by the Teamsters went on strike against the delivery services company over pay and benefits. The Teamsters agreed to a five-year contract after originally asking for a shorter-term deal. UPS agreed to create 10,000 full-time jobs from part-time posts, an increase from its original offer of only 1,000. The workers' $8 an hour base pay was boosted by 50 cents an hour, and the average driver's pay was lifted by $3.10 an hour over the life of the contract. UPS wanted to change the pension plan, but that plan remained in place, a victory for the union.

18. Bituminous Coal Operators Association Strike

• Duration: May 10, 1993 to Dec. 14, 1993

• No. of strikers: 16,800

• Cumulative days off the job: 2,203,000

The United Mine Workers of America agreed in December 1993 to end a strike that affected miners in five states by extending the contract that had lapsed the previous February. The dispute was over companies with union workers creating nonunion subsidiaries and transferring work to them. That issue was deferred.

17. 1913 Paterson Silk Strike

• Duration: Feb. 25, 1913 to July 28, 1913

• No. of strikers: 23,000

• Cumulative days off the job: 2,530,000

Workers at silk mills in the New Jersey city that was one of the cradles of the Industrial Revolution went on strike over an increase in loom assignments to four from two that would have reduced the workforce. As the strike dragged on, sometimes turning violent, some strikers returned to work, while others who continued to strike were replaced. The strike succeeded in forcing the companies to delay the proposed workplace change.

16. The New York City Tugboat Strike of 1988

• Duration: Feb. 16, 1988 to Dec. 20, 1993

• No. of strikers: 1,600

• Cumulative days off the job: 2,895,200

Tugboat operators, whose ranks had been on the decline for many years, staged a failed strike that led to lower wages for many members of their union, The International Organization of Masters, Mates & Pilots.

15. General Motors Strike

• Duration: June 5, 1998 to July 29, 1998

• No. of strikers: 152,200

• Cumulative days off the job: 3,313,000

A bitter strike at General Motors in 1998 ended after the automaker said it would not shutter factories where the workers were on strike and agreed to invest $180 million in new equipment at one of the facilities. The United Auto Workers agreed to work-rule changes that would increase production.

14. Caterpillar Strike

• Duration: June 20, 1994 to Dec. 3, 1995

• No. of strikers: 14,000

• Cumulative days off the job: 4,063,000

Union members at Caterpillar, the world's largest heavy equipment manufacturer, returned to work in December 1995 after a failed long strike. Workers had gone on strike in June 1994, protesting unfair labor practices. They had been working without a contract since 1991. The new contract placed limits on job security and overtime pay, and gave Caterpillar leeway to lay off workers more frequently.

13. Passaic Textile Strike

• Duration: Jan. 25, 1926 to March 1, 1927

• No. of strikers: 15,000

• Cumulative days off the job: 4,215,000

The Passaic Textile Strike of 1926 involved more than 15,000 wool and silk workers in the Passaic, New Jersey, region. Workers reacted to a 10% pay cut and were galvanized later by police violence against demonstrators. Union demands included, among other items, time-and-a-half pay for overtime, a 40-hour workweek, sanitary working conditions, and no discrimination against union members.

The strike failed. Of the nine mills affected, even the few that settled disputes with workers broke their deals, firing many of the workers and rehiring them at lower wages.

12. The 1934 Textile Worker Strike

• Duration: Sept. 3, 1934 to Sept. 23, 1934

• No. of strikers: 400,000

• Cumulative days off the job: 5,600,000

Textile workers went on strike to protest a cut in pay as their workweeks were being reduced. The strike idled the textile industry in North Carolina. The workers, however, lacked the means to continue the struggle. Their cause was also undermined by a glut of textile inventory. In September, President Franklin Roosevelt personally intervened to ask the workers to return to the mills and they did so.

11. Southern California Supermarket Strike

• Duration: Oct. 12, 2003 to Feb. 29, 2004

• No. of strikers: 67,300

• Cumulative days off the job: 5,718,100

Workers represented by United Food and Commercial Workers went on strike against supermarket company Von's because management wanted to change the health benefits of workers, which under the expiring contract were paid by the company. Soon afterward, supermarket companies Ralphs and Albertson's, whose contracts with their unions were also terminating, locked out employees. After a nearly five-month strike, management succeeded in getting workers to pay more for their health care benefits.

10. The 1946 Union of Electrical, Radio and Machinist Workers' Strike

• Duration: Jan. 15, 1946 to March 14, 1946

• No. of strikers: 174,000

• Cumulative days off the job: 7,308,000

Accruing 7.3 million days of work stoppage at a time when unions had considerably more power than they do today, the 1946 strike by electrical workers is the 10th largest in U.S. history. Starting in mid-January, after months of negotiations for higher wages, about 174,000 employees of several large electrical manufacturing companies went on strike. The strike was part of several massive organized labor campaigns conducted in 1946.

The wave of strikes at the time led to President Harry Truman's Labor Management Relations Act of 1947, also known as the Taft-Hartley Act, which restricted the power of labor unions and is still in force today.

9. The Great Southwest Railroad Strike

• Duration: March 1, 1886 to May 4, 1886

• No. of strikers: 200,000

• Cumulative days off the job: 9,400,000

As railroads were rapidly expanding throughout the American West in the late 19th century, railroad workers went on strike in what is known as The Great Southwest Railroad Strike. Workers began protesting the grueling work hours and brutal conditions. The strike against the Union Pacific Railroad and the Missouri Pacific Railroad began after a railroad employee was fired for attending a union meeting in Texas. The job action spread to four other states and turned violent. The railroads hired replacement workers, and the strike faltered when other unions failed to support the strikers.

8. Pullman Strike

• Duration: May 11, 1894 to July 20, 1894

• No. of strikers: 260,000

• Cumulative days off the job: 13,260,000

Due in part to the fallout from the economic recession between September 1893 and May 1894, railroad car manufacturer Pullman Palace Car Company cut pay by about 25% for workers without reducing living expenses in the company town near Chicago, where they lived. When workers presented the problem to company president George M. Pullman – the possibility of starvation added to already poor living conditions, low wages, and a 16-hours workday – they were fired.

By mid-summer, hundreds of thousands of workers were on strike. A federal court-issued injunction and the military were needed to suppress the workers. President Grover Cleveland declared Labor Day a national holiday during the strike.

7. Anthracite Coal Strike of 1902

• Duration: May 12, 1902 to Oct. 23, 1902

• No. of strikers: 147,000

• Cumulative days off the job: 15,141,000

The Anthracite Coal Strike of 1902 pitted coal miners in Pennsylvania who wanted higher pay and shorter work hours against coal mine companies that claimed their operations were not that profitable. The strike led to the formation of a commission that arbitrated an agreement that included pay increases and reduced work hours. It marked the first time the federal government intervened as a neutral party and not on the side of employers. The job action also boosted the labor movement.

6. American Association of Advertising Agencies Strike

• Duration: May 1, 2000 to Oct. 30, 2000

• No. of strikers: 135,000

• Cumulative days off the job: 17,280,000

Actors belonging to the Screen Actors Guild and the American Federation of Television & Radio Artists ended their strike in October of 2000. The union defeated an attempt by the American Association of Advertising Agencies and the Association of National Advertisers to discontinue residuals paid to actors for television commercials.

5. United Auto Workers Strike of 1945

• Duration: Nov. 21, 1945 to March 13, 1946

• No. of strikers: 225,500

• Cumulative days off the job: 17,363,500

After abiding by a no-strike vow during WWII and deferring wage increase demands, organized labor asked for higher pay once the war ended, and the automobile sector was no exception. The United Auto Workers requested a 30% wage hike in November of 1945. GM countered with a 10% increase. Negotiations reached an impasse, and the laborer began work stoppage. The job action ended when GM said it would give workers a 17.5% pay hike, paid vacation, and overtime pay.

4. The Railroad Shop Workers Strike

• Duration: July 1, 1922 to Sept. 1, 1922

• No. of strikers: 400,000

• Cumulative days off the job: 18,000,000

In response to a 12% wage cut, about 400,000 railroad workers went on strike on July 1, 1922. While nearly the largest strike in U.S. history, the workers were ruthlessly broken by various violent measures, including the hiring of 16,000 gunmen, National Guard deployment, and targeted hits by private detectives.

The unrest demonstrated in the Railroad Shop Strike led to the passage of the Railway Labor Act, which provided the right for workers to organize and join unions.

3. The Steel Strike of 1919

• Duration: Sept. 22, 1919 to Jan. 8, 1920

• No. of strikers: 350,000

• Cumulative days off the job: 26,600,000

Disagreements between labor and management in the steel industry had been mediated by the War Labor Board during World War I. After the war ended, however, workers claimed companies refused to recognize unions. Postwar inflation was also eroding incomes. Steel workers went on strike in September 1919, but the job action was hampered by bad organization as well as ethnic and racial tensions within the steel union. Also, management exploited the public's fears of Bolshevism. Strikers crossed picket lines, and the strike ended unsuccessfully for the unionized steel workers.

2. The Steel Strike of 1959

• Duration: July 15, 1959 to Nov. 1, 1959

• No. of strikers: 500,000

• Cumulative days off the job: 38,000,000

In mid-July 1959, around 500,000 steel workers walked off the job in defiance of President Dwight D. Eisenhower's pleas to continue bargaining. The strikers' goal was to amend a clause in their union contract to give management more control over the number of workers assigned to a task, as well as the power to introduce new work rules or machinery that would affect how many employees or hours were needed.

The union ended up victorious, although the strike is considered to have led to increases in foreign steel imports – a trade pattern that would ultimately hurt American steel workers.

1. United Mine Workers of America Strike of 1946

• Duration: April 1, 1946 to Dec. 7, 1946

• No. of strikers: 400,000

• Cumulative days off the job: 70,400,000

The United Mine Workers of America, under the leadership of legendary union boss John L. Lewis, went on strike in April 1946, seeking a health plan for workers and retirees. As the strike dragged on, President Harry Truman stepped in and placed the mines under the control of the federal government. Eventually, the government forged an agreement with the union that returned control of the mines to companies and provided for raises in pay and improvements in mine safety, as well as establishing a framework for creating a retirement fund.

24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.


The most expensive divorces in the world | The Week UK

Media tycoon Rupert Murdoch and actress Jerry Hall are reportedly divorcing after six years of marriage.

People close to Murdoch, 91, were said to be “surprised” to hear of his split with Hall, 65. In the early years of their marriage, aides and friends of the family believed Murdoch was “happily devoting more time to his new wife” to leave room for his children to “assert themselves” at the top of his media empire, reported The New York Times.

Murdoch’s News Corporation empire controls major outlets such as Fox News and The Wall Street Journal, as well as The Times and The Sun.

At the time of their marriage in 2016, the billionaire announced he would stop posting on Twitter, calling himself “the luckiest AND happiest man in the world”.

Now the pair are to go their separate ways in what will be the fourth – and likely extremely costly – divorce for the media mogul. The Week looks at some of the most expensive divorces in recent history.

Steve and Elaine Wynn The co-founders of US hotel and casino giant Wynn Resorts, the pair divorced, for a second time, in 2010. Elaine received 11 million shares in Wynn Resorts as part of the divorce settlement, worth an estimated $795m, according to Forbes. Steve also sold some $114m in stock that year, with “some, if not all” going to Elaine as part of their divorce deal. Elaine went on to sue Wynn Resorts in 2012 in order to sell part of her 9% stake in the company before being kicked off the board three years later “amid an ugly proxy battle”. But after her ex-husband stepped down as chairman and CEO in 2018 amid sexual harassment allegations, which he denies, he sold all his shares leaving Elaine as the company’s largest individual shareholder.

Bernie and Slavica Ecclestone Finalised in 2009, the split between the then Formula One commercial boss and fashion model Slavica Radić was an “amicable divorce”, if an “unusual one”. Bernie’s ex-wife was seemingly tied into paying him back some $100m a year, “reflecting the fact that many of his assets were actually held in trust in her name to avoid Britain’s steep inheritance taxes”, claimed Investopedia. Radić received an estimated £730m in the divorce settlement.

Rupert and Anna Murdoch After 32 years of marriage and three children together, Murdoch and his first wife Anna divorced in 1999. Anna reportedly received some $1.7bn in the divorce settlement, although this number has been disputed by some commentators. Murdoch married his second wife, Wendi Deng, just 17 days after the divorce was finalised. Their marriage ended 14 years later in 2013, with their assets split in undisclosed amounts under “one prenuptial and two postnuptial agreements”, said The New York Times.

French-born American art dealer and racehorse owner Alec Wildenstein and his wife Jocelyn divorced in 1999. The split became tabloid fodder after Jocelyn walked in on her husband and a 19-year-old Russian model in a bedroom in the pair’s New York home – resulting in her now ex-husband threatening her with a gun, according to Vanity Fair. The high-profile divorce proceedings resulted in Jocelyn being awarded $2.3bn and $100m for each of the next 13 years, said People, for a total of $3.6bn. But despite the multibillion-dollar payout, it appears Jocelyn’s fortune had “all gone” just 19 years after the settlement, with the socialite filing for bankruptcy in 2018, reported the Daily Mail.