Originally Posted by
sailingfun
That makes zero sense from any business or legal standpoint. It's not how a corporation manages money or accounting. In addition Breeze went out for additional funding in a much higher interest rate environment. You don't pay off low interest loans with high interest loans.
then what are they spending all the “other” money on?
they are not paying off loans. They are paying premiums that don’t dilute their shares. Important when they sell everything off.
rich people make their money out the back door.
the suckers wait out front hoping to be the next jet blue.