Originally Posted by
satchip
.....Yes, the bankers do own our company. The largest shareholder is reportedly Fidelity, at 13.2%. I think AMEX owns a chunk too. The investors that provided the financing to exit Ch11 want to get paid, too. We made around 2 billion profit this year, did we not? As previously stated C2K would raise pilot pay costs by 2 billion. Where do you think they are going to recoup that money? They are not just going to say, "oh well, it's a cost of doing business, and darn it, those guys deserve it!"
I DON'T WANT TO GET PAID THE MOST! I WANT TO GET PAID THE LONGEST!
We provided financing for them to exit Ch 11, too. Did we not?
The company knew then that we would eventually want to get back what we lost. Let's see if they can figure it out. Just like some of us figured out how to live on 50% less pay, anything is possible. But, we have to ask.
I don't see any of the "bankers" ever back down from "asking" for what they want and somehow they and the company always work something out that is mutually beneficial to them both.
In a sense we are creditors just like the bankers. We should take notes from them. I'm sure the first thing on their list is, "ask for what we want." And the second is, "Act like you want it."
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