|Quoting Brokenrecord (Reply 2):|
AA, you've got my vote here.
|Quoting AA7573E (Reply 1):|
bankers with no industry experience nabbing board seats.
|Quoting DALMD88 (Reply 4):|
How close can they be? They just begged yet another extention to come up with a plan. What is that, the tenth extention?
|Quoting StevenUhl777 (Reply 5):|
As far as the banks go, it's these same banks providing the exit financing who also provided DIP financing to UAL. So, they are well aware of the industry economics, as well as UA's, so I would argue that maybe the banks have some experience with what's going on.