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Who here going to end up the former vs latter?

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The same argument that exists for the others: there is none.
Let them fold, file for bankruptcy, buy them out — a lot of options here, but anything that keeps executives who spent nearly all of their free cash flow on buybacks afloat and entrenched in leadership should be a hard pass.
Ive got none
Buybacks legit mean the leadership is so incompetent that they don’t know what to do with the money. Fed should honestly let them go bankrupt and go into a packaged deal that helps the employees and bankrupt these executives
They know what to do with the money, pump the stock price on trade volume so the execs can make their bonus numbers.
None of them should be saved. United is just saying the quiet part out loud.
How does bankruptcy impact pensions (if they still exist)?
That’s the only reason to potentially save it.
According to the link above that I posted, these people end up owning more of the company because of the bankruptcy package
Close family member works for United so thats enough argument for me.
Please watch the video I posted in the above comment
A few thoughts:
1) please don’t let United for BK if I lose my points
1. Points almost always survive BK
2. The government isn’t a hedge fund
3. Unemployment insurance
4. BK does wipe out equity