The value is down simply because they were allowed to create, by many variables including pilot unions and bankruptcy courts among others, way too many options. I don't consider an industry that can say they are going to lose "$8 billion" in a fiscal year and survive to predict a profitable year, "..in serious financial trouble."

Most all of the bancruptcy filings over the last 8 years have been strictly to have labor subsidize management lifestyles and futures. (They knew their futures in stock options were going to be sh#$ for a long, long time and were not going to standby for that.)

I am, 100%, for capatalism in our country when it is not dictated by:

1.) Fraud
2.) Greed
3.) Practices that have since been regulated or under serious consideration. (ie. speculation on natural resources)
4.) Ponzi schemes
5.) Labor contracts without ANY reasonable self help

I'm sick and tired of having the ability to be screwed simply because they are allowed to without proper regulation on their actions or personal ramifications for their actions.

The current system is flawed in a major way. Will regulation fix everything, no. It would, however,go a long way in tying managements hands on what they could and could not do.

It can't work when management has a direct correlation between labor costs and personal benifit. There is too much at risk in our industry with that correlation.