"Ken Fortenberry" wrote


However, the moment the government puts one penny of my tax dollar
into that mess I want a clean sweep. That means fire every damn
executive in the company, tear up the union contracts, void all
deals with suppliers, tell the shareholders "tough ****, you got
nothin'",


Well, I don't really know much about bankruptcy ( and don't understand what
I know ;-) but I've been given the impression that it would, indeed, force
such changes .... whereas just handing them money wouldn't

The only argument against bankruptcy ( like many airlines have ) seems to be
that buyers would be afraid to buy because of uncertainty about future
service/ parts/ and such. To my mind, I'd far prefer to buy from a
trimmed, re-structured, company than one that will use the bailout up in a
couple months and be looking for more, instead of really changing. A
healthy company is far more likely to be there in 15years to supply parts
than a temporarily bailed out one ... IMO


I'm NOT saying "let 'em fail" .... I am saying "let 'em take the routes
available in the system to fix their problems"