Originally Posted by FlyingKat

He was talking about the Frontier bankruptcy when Southwest and Republic came in to make competing bids to the management teams plan. Was making the point that the creditors committee has a lot of clout and can do what it wants to get the most return on what they are owed. In other words, we'll do what we can and put a good plan together, but if an outside entity comes up with a better plan in the creditors eyes then everyone is screwed.....