Originally Posted by
Excargodog
I think AA just crossed the Rubicon on executive compensation and stock buybacks by taking the CARES loan money. They now have little disincentive to bankruptcy and a lot to gain.
They could lose their jobs and/or their company, and their lucrative severance packages in the process. The process is not tilted as much in management's favor as it was in 2007 before the laws changed.