Originally Posted by
CBreezy
You don't think that money is accounted for? You think as soon as they use it all, the CEOs will say, oops, we forgot! I guess instead of a profit, we're now losing Billions! Our bad.
I know Delta CEO lobbied against the CARES 3.0 and used his projected future profitability as a reason to oppose it. It would be probably close to criminally negligent to mislead the investors like that.
So where are they getting this 1.5 billion to replace it with? "projected future profitability" was a thing before the summer remember? Now it has turned into "lower than expected yields and loads".
This is far from over.