I expect we'll soon find out an awful lot of businesses have done the same or close to the same that are about to ask for bailout money (casinos, hotels, etc.).

I expect we'll soon find out an awful lot of businesses have done the same or close to the same that are about to ask for bailout money (casinos, hotels, etc.). I've long been worried about the strength of the market in the U.S. because prices have seemed to mainly be because of buybacks and financial maneuvering rather than because of strong fundamentals, increased productivity/innovation, etc. I hope the gov lets a few of these businesses fail or put absolutely draconian repayment terms on them if only to show that companies can't depend on the government to bail them out every time something bad happens they weren't prepared for.