Thread: Negotiating in the time of Coronavirus.
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Old 04-10-2020, 05:38 PM
  #10  
dera
In a land of unicorns
 
Joined APC: Apr 2014
Position: Whale FO
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Originally Posted by baseball View Post
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.
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