Originally Posted by
stbloc
When a stock fall to its current level they may have no choice. The market will determine AMR's future. The Market can unfortunately short them into BK. Come on, your are a smart guy. You honestly think management can dig you out of this 20 billion+ hole? The game is over. Goldman suggested filing in 2004 and they're right. AMR can not post a profit under its current model. They can no longer borrow money with out paying loan shark pricing. Sorry but its the reality.
Considering AA is at bankruptcy level payrates already and still not making money, management needs to pull their heads out of their rear ends and make it happen. Employees are not there to fund inadequate financial planning.