Originally Posted by
Check Essential
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".
Great point I think that's at least part of the strategy.
As for the upcoming meeting with RA:
I think well be hit up once again to write letters on behalf of Delta to get a deal approved...
How many letters have you sent and how did it work out for you?
Cheers
George