Originally Posted by
baseball
Absolutely insane to do stock buy-backs, and very reckless not to have adequate emergency funds. I have a six month emergency fund. Doesn't the company have one too? Is this any different than Jacque Lapointe blowing it on fuel hedging or bad investments in the A fund?
A 6 month emergency fund would be around 18 BILLION dollars in cash. That's borderline criminal waste of resources in a corporation.