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When we see that the US airline business is asking for a $50 billion bailout, having engaged in $45 billion of stock buybacks, it appears that the sector is dom
by rodgerd 7y ago
When we see that the US airline business is asking for a $50 billion bailout, having engaged in $45 billion of stock buybacks, it appears that the sector is dominated by owners and execs who are either completely incompetent at risk management, or really in the business of robbing the public purse.
- TeMPOraL 7y agoI'd definitely say the latter. But that's not surprising, really. A lot of the entities I've heard of that do government contracting aren't there to deliver value, but to rob the government. Companies doing quality work tend to get outbid.