Originally Posted by goaround2000
but hey you're the expert, you worked for one, and adore the other, you tell me.
Is that really necessary? Does it do ANYTHING to elevate the increasingly immature level of discourse on this board? Its one thing to "debate" and have things "subject to opinion"...people can always agree to disagree and have those disagreements be rather spirited.
I asked an honest question, you responded with an exceedingly sarcastic, smartass, oversimplified answer that didn't do
anything to answer the question I posed which was how would the liabilities you suggest be any different than those of a regular CPA or a regular financing deal.
I happen to think you're drawing wide-reaching false parallels in your "example" that aren't realistic in the world of corporate finance or the AWAC/RAH/SKW deals...and while I'm no MBA or CPA (or any kind of "expert") I
can read a freaking WSJ and know just enough to know that the real world, a financing deal and a capacity purchase agreement are two separate legal transactions EVEN when they are related as they were in these cases.
Obviously a transaction as this gives the regional airline a bit of influence they otherwise wouldn't have...but that's not a heck of a lot different than the "liability" of influence that any lender has with any lendee.