Originally Posted by
Trip7
With $600 mil+ cash in the bank it'll take DL quite a while to force Inc into bankruptcy, especially when Inc doesn't have money losing CPAs
AMR had 4 bil+ cash in the bank, don't underestimate the power of creative accounting. My understanding is that SKW management is not as bad as AMR's but they are still business people. Not saying SKW is going bankrupt anytime soon but the money on hand is only such a small piece of the pie. I don't hope harm on SKW
And yes I do understand that there AMR was in a whole different situation but I am just making the point that money in the bank is not as big as you are making it seem.