Broke has nothing to do with it. The money comes from the hedge fund vampires, not the airline. That is how USAIR put a bid in on Delta shortly after emerging from a BK in which they had to wipe out employee pensions. "Yeah, thats right Mr. Department of Justice Man, we cancelled all of our employees pensions (except management bonuses, golden parachutes etc) because we were bankrupt and now, 6 months later, and now we have 10 Billion $ to offer Delta."
Scoop
Last edited by Scoop; 02-06-2008 at 10:41 AM.