Originally Posted by
Bucking Bar
US Air took Delta to school on how to bid up assets in bankruptcy.
Could this rumor just make it more difficult for AMR to reorganize?
Even though Delta has no intention of actually buying AMR, the creditors now think their paper is worth a lot more than it was yesterday.
AMR was counting on those guys taking pennies on the dollar. Now they're gonna want dimes and quarters.
Maybe Anderson will tell the MEC his true intentions in "closed session".