Originally Posted by
busbusbaby
You know not of that which you speak.
YGBSM. Virgin America had to do at least two financial restructurings (pretty sure it was three) just to survive. Each time, investors (including Branson) took a massive financial haircut. On one of the financial restructurings, Virgin employees got cut out of almost all of their equity stake before the company went public. The rank and file discovered this when the company IPO'd. Short memory?
Personally, I'm still amazed that anyone bought Virgin. ... by the way, how's the investment working out for Alaska?