Originally Posted by
untied
According to Jeffie....CAL was is big trouble without the merger.
Jeffie was in big trouble without it--he wouldn't have made $14m that year. What else would a guy say with that kind of cash on the line? No thanks? It's not like he was under oath; he was pushing his agenda. Wall Street, however, was speaking with the clear voice of the marketplace--18% interest loans to UAL.