Someone prob took a significant short position in the airlines on Thursday afternoon.

stocks fall Monday on the news that the airlines are laying off instead of borrowing, everyone gets paid on Tuesday, by Wednesday, the full $25B in grants are issued.

oh wait...that kinda stuff only happens in Clancy novels.


but seriously, did anyone catch this part in the story:

Critics of the $50 billion airline bailout say U.S. carriers should not receive cash grants from the federal government and should instead restructure in bankruptcy or borrow billions more in order to have the liquidity needed to withstand the the rapid drop in business.


Hmmm..who would want the airlines to borrow BILLIONS more instead of getting a low interest loan from Uncle Sam?