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Non-Tech : Airline Discussion Board -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (1413)10/12/2020 7:07:33 PM
From: handyman  Read Replies (2) | Respond to of 1868
 
Sounds pretty appropriate to me. You can’t take losses from non existent earnings so naturally you would have to allow them to go back. These industries did nothing to deserve being devastated by a virus foisted on them by China so why should they be penalized. All those hundreds of billions in stimulus checks and loans did not have to be paid back so why single out these companies.,



To: Art Bechhoefer who wrote (1413)10/13/2020 2:58:08 PM
From: Cogito Ergo Sum  Respond to of 1868
 
It`s a mechanism for giving them stay alive money .. in essence it benefits the strongest companies most.. not a bad thing.. handing out direct bailouts may go to mismanaged companies which will still flounder..