Quote:
Originally Posted by KingOfJericho
I think people were salty with the banks because a) they were the main cause of the previous GFC and b) regular Americans don't feel any sympathy for big bank "fat cats" and view them as the enemy. Airlines and aerospace names touch most Americans in a different way and people see their function as beneficial to them. Just my $0.02.
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As much of an impact as an airline going under would have on me, I'm having a hard time feeling bad for them right now. I feel bad for their employees, but not the companies themselves. They way they've been running things ever since they got on their feet again after 9/11 has been awful.
At this point, if they fail, they fail. The way they just keep over-inflating their stock prices by spending all of their cash on buy-backs has been so stupid. They got greedy post-9/11 too and once they started charging for everything under the sun, they never stopped. Despite turning massive profits again.
They all need an entire over-haul on how their businesses are run. So if they do get bailouts again, which I'm sure they will, they better come with some ridiculous stipulations on how they operate going forward.