Originally Posted by
CincoDeMayo
He made a bad decision based on idealistic fairy tale land where everyone gets what they want and money isn’t a reality.
I think if he were to see it today, he would realize maybe NK isn’t as financially strong as he, the Feds, and Ted made it out to be.
People forget that Ted went very easy on the “flailing firm” argument, where he should have made the case that without the merger, NK is going to fail.
He didn't go "very easy" on it. He completely dismissed it. Ted said they have a path to profitability and the merger was not necessary for the success of Spirit.