Originally Posted by
majorpilot
Does he do DIP financing? Wasn’t aware of that, and that is not what he did with BofA as I recall. Tend to lose best management in those times? And he’s a believer in talent. Doesn’t seem his style, bankruptcy is so...unseemly.
If Buffet only buys into talented management, than he won’t be buying airline stock. Point me to a major airline with a profitable business and I’ll point out talented management.