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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (43468)11/29/2011 10:06:00 AM
From: John2 Recommendations  Read Replies (2) | Respond to of 71463
 
Ooops! A little less rant and a little more attention to diction for me. -g- Errors corrected in red.

This morning we've learned that American Airlines' parent company is filing for bankruptcy protection. What becomes of their executives and the members of their board of directors who ran the company into the ground? Probably a post-disaster life of luxury, funded by billions in bonuses, while others are left behind to pick up the pieces of the disaster they caused!

The charade of allowing corporations to take all manner of risks while enjoying the full safety net of bankruptcy protection must end. The buck must literally stop with risk takers! If a corporation takes risks and fails, there must be no mechanism for protection.