After Blowing $4.5 Trillion on Share Buybacks, Airlines, Boeing et al Want Taxpayer & Fed Bailouts

[MoneyTron]

At this point...I'd rather see them fail.

But I don't think that's realistic, so you have to put onerous covenants on any bailout that basically puts them in a box until they can payback the taxpayers.

 

[Secure Da Bag]

I finally agree with dead7

If you don't let shyt fail then there's no point in practicing capitalism.

Well yeah. But you and him are 40 years too late. And why is it everyone saying "let it fail" when it comes to bailing out actual people? But when it's just corporations, it's "we gotta save them. Think of the kids".

 

[DEAD7]

I dont follow... you dont believe there needs to be or should be trade offs in every system?

 

[DEAD7]

Well yeah. But you and him are 40 years too late. And why is it everyone saying "let it fail" when it comes to bailing out actual people? But when it's just corporations, it's "we gotta save them. Think of the kids".

Who said we shouldnt bail out people?
Bail out everyone or let everyone fall... government needs to stop picking winners and losers.
#cronyism

 

[F K]

this shyt is just socialism with extra steps at this point.

 

[Cynic]

I dont follow... you dont believe there needs to be or should be trade offs in every system?

Where's the Peter Schiff/Milton talk breh ? Do trade-offs only apply when it impacts you personally

 

[DEAD7]

Where's the Peter Schiff/Milton talk breh ? Do trade-offs only apply when it impacts you personally

Trade offs always apply...
Absolutes can

 

[that guy]

I think its more about the millions of employees that will be fukked...
Throwing them in the bushes just to spite the ceo or whoever might not be the play.

They need to borrow the money like everybody else at all time low interest rates. These corporations spend billions on stock buybacks then get bailed out and pocket the money. If they get bailed out I don’t want to see CEOs getting bonuses like they did during the last recession

 

[Secure Da Bag]

They need to borrow the money like everybody else at all time low interest rates. These corporations spend billions on stock buybacks then get bailed out and pocket the money. If they get bailed out I don’t want to see CEOs getting bonuses like they did during the last recession

I would take Rashida's bill and Warren's bill merged them and pass that.

Though, I'm not a fan of "universal" payouts though. But we're in here talking about tradeoffs, so there you go.

 

[Lucky_Lefty]

The US government nationalizing them would be fun

Look at the quality of Qatar Airways, Emirates, Turkish Airlines, etc

On the flip side, look at South African Airways and Mango Air

 

[Scaaar]

 

[Scaaar]

Private jet industry — the transportation of choice for the wealthy — asks for bailout funding

 

[Jesus H. Christ]

fukk them. Tough shyt and strap up your boots Airline Industry

 

[Domingo Halliburton]

Why take the risk on equity in the capital structure?

Are you implying you think they're going to fail and the equity will be worth zero?

 

[Futuristic Eskimo]

Are you implying you think they're going to fail and the equity will be worth zero?

There are safer ways to structure this rather then betting on common stock. It doesn't have to go to zero to generate losses on the investment and right now, the global airline business is about to collapse so the risk is there.