Originally Posted by
Sparta
I disagree...private equity with deep pockets would be lined up around the block. You aren't going to get a ten banger hanging out in the stock market these days. They could get assets for pennies on the dollar and concessions from everyone from employees to airports to leasing companies. It wouldn't be good for employees but there would be a lot of money to be made for attorneys and accountants.
what you said is the exact reason why no major can go bankrupt right now....they will not emerge. If they do emerge they will die a slow painful death......Icahn and TWA.