As for the Airlines, they really don't have any asset equity to begin with. They don't buy their planes, they lease them or do a sale/lease back. They lease their terminal space, airport access. It's all cash in/cash out for fuel, salaries, etc. As for the rest of the companies, it's all a game to these guys. They could care less about …
As for the Airlines, they really don't have any asset equity to begin with. They don't buy their planes, they lease them or do a sale/lease back. They lease their terminal space, airport access. It's all cash in/cash out for fuel, salaries, etc. As for the rest of the companies, it's all a game to these guys. They could care less about their employees. It's all about coming up with ever-more 'creative' ways to bleed a company dry, whether through stock buybacks, heavily leveraged complex debt structures or sell-offs. When they created CDO funds back in the early 2000's, I knew we were done.
As for the Airlines, they really don't have any asset equity to begin with. They don't buy their planes, they lease them or do a sale/lease back. They lease their terminal space, airport access. It's all cash in/cash out for fuel, salaries, etc. As for the rest of the companies, it's all a game to these guys. They could care less about their employees. It's all about coming up with ever-more 'creative' ways to bleed a company dry, whether through stock buybacks, heavily leveraged complex debt structures or sell-offs. When they created CDO funds back in the early 2000's, I knew we were done.