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Another airline files chapter 11 papers
not many solvent airlines left!
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#2
Bird D Durr 
- Master of Stock Proctology
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- Group: Members
- Posts: 1,413
- Joined: 01-August 02
Posted 27 March 2003 - 08:44 PM
Man.......................I'm sure glad I chose Bankruptcy out of law school..............
Probably the last "growth" industry around.............at least for the next few years.................
Probably the last "growth" industry around.............at least for the next few years.................
#3
EasyAl
- Doctor of Stock Proctology
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- Group: Members
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- Joined: 20-August 01
Posted 27 March 2003 - 10:06 PM
Unfortunately, there are no publically trade law firms specializing in corporate bankruptcy and security class action litigation. If there were, I would have loaded their shares up 2.5 years ago. Bird D Curr, if I were you and I were for gold rush (as dot.comers did in 1999), I would prepare to take my firm to public in next several month.
#4
- Group: Guests
Posted 28 March 2003 - 11:38 PM
Bird D Durr, on Mar 27 2003, 04:44 PM, said:
Man.......................I'm sure glad I chose Bankruptcy out of law school..............
Probably the last "growth" industry around.............at least for the next few years.................
Probably the last "growth" industry around.............at least for the next few years.................
Bird,
Funny, I am thinking of switching careers and going to lawskool. It would take four years of night school, but there may be thirty years of customers on the other side!
#5
Goldmember
- Professor of Stock Proctology
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- Group: Members
- Posts: 5,621
- Joined: 14-June 02
Posted 29 March 2003 - 06:03 PM
Screw ALL the lawyers! Throw them into the sea! The last two contracts I performed for LAWYERS on their houses each resulted in the LAWYER trying [but not succeeding] to screw me out of my money! Nothing but a nightmare for the little guy like me trying to get paid for master craftsmanship! In each case I had to register a builder's lien on the property, good for 1-year, and sit back and wait for them to crapitulate, especially so knowing one was a spec home, and one was due for refinancing with the cheaper interest rates. Didn't even bother filing court papers for the actual fight in court, just left it as builder's lien, which cost me all of 5 bucks to initiate and stands for 1 year.
Bastard LAWYERS will try and screw the little guy every time. Show me ONE lawyer that doesn't have a fistful of mumbo-jumbo up their sleeve!
In both cases I got paid in full, plus exhorbitant interest and a "piss me off fee". Obviously they were more desperate to get the lien off their property, [probably in a rush to capitalize on some structured finance modern miracle] than I was to get paid.
I hope they learned something out of it all so they don't try and screw the next little guy.
I doubt it though.....
Bastard LAWYERS will try and screw the little guy every time. Show me ONE lawyer that doesn't have a fistful of mumbo-jumbo up their sleeve!
In both cases I got paid in full, plus exhorbitant interest and a "piss me off fee". Obviously they were more desperate to get the lien off their property, [probably in a rush to capitalize on some structured finance modern miracle] than I was to get paid.
I hope they learned something out of it all so they don't try and screw the next little guy.
I doubt it though.....
Anthony caused pearls to be dissolved in wine to drink the health of Cleopatra; Sir Richard Whittington was as foolishly magnificent in an entertainment to King Henry V; and Sir Thomas Gresham drank a diamond, dissolved in wine, to the health of Queen Elizabeth, when she opened the Royal Exchange; but the breakfast of this roguish Dutchman was as splendid as either. He had an advantage, too, over his wasteful predecessors: their gems did not improve the taste or the wholesomeness of their wine, while his tulip was quite delicious with his red herring.here
#6
machinehead
- Dean of Stock Proctology
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Posted 29 March 2003 - 07:24 PM
Goldmember ... you're back! And in fine form too! The rumours of your demise were greatly exaggerated, eh?
"GOLD -- it's not just for misers anymore."
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
#7
Goldmember
- Professor of Stock Proctology
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- Group: Members
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- Joined: 14-June 02
Posted 29 March 2003 - 07:43 PM
Hey, Machine! Ya, I annoyed Doc testing a new chart, which is so so, needs refinement. I never saw the posts and PM he sent me, which were very polite, so by failing to respond I sort of got sent to the dog house for a while. I never read any of the forum and missed his requests and warnings. OOPS! I'll make sure that doesn't happen again.
Good to be back!
I'll pillage the markets yet!
Good to be back!
I'll pillage the markets yet!
Anthony caused pearls to be dissolved in wine to drink the health of Cleopatra; Sir Richard Whittington was as foolishly magnificent in an entertainment to King Henry V; and Sir Thomas Gresham drank a diamond, dissolved in wine, to the health of Queen Elizabeth, when she opened the Royal Exchange; but the breakfast of this roguish Dutchman was as splendid as either. He had an advantage, too, over his wasteful predecessors: their gems did not improve the taste or the wholesomeness of their wine, while his tulip was quite delicious with his red herring.here
#8 Guest_yobob1_*
Posted 30 March 2003 - 11:06 AM
From a retail standpoint, the two worst customers on the planet are lawyers and doctors. They both charge exorbitant fees and most seem to act as if everyone else is subservient to them. Your time is worthless while their time is invaluable. They know the value of everthing they buy, and yet you should never dare question their value. I don't encourage their trade.
#9
Goldmember
- Professor of Stock Proctology
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Posted 30 March 2003 - 04:17 PM
Here, here! Good take Yobob!
Anthony caused pearls to be dissolved in wine to drink the health of Cleopatra; Sir Richard Whittington was as foolishly magnificent in an entertainment to King Henry V; and Sir Thomas Gresham drank a diamond, dissolved in wine, to the health of Queen Elizabeth, when she opened the Royal Exchange; but the breakfast of this roguish Dutchman was as splendid as either. He had an advantage, too, over his wasteful predecessors: their gems did not improve the taste or the wholesomeness of their wine, while his tulip was quite delicious with his red herring.here
#10
- Group: Guests
Posted 31 March 2003 - 12:33 AM
Not all lawyers or doctors are without morals. There are plenty of people out to screw the "other guy" every day, for almost any reason. For example, I lost my last contract IT position because a full time employee at a rather large and prestigious educational institution decided that he did not like me. As a result I have lost $30,000 of income over the last six months.
Doctors and lawyers have pricing power because their skill is specialized and the barrier to entry is high. The barrier to entry for most IT jobs is (or was) low, therefore there are a great many low priced and low skilled IT people out there right now. The whole industry is screwed.
Doctors and lawyers have pricing power because their skill is specialized and the barrier to entry is high. The barrier to entry for most IT jobs is (or was) low, therefore there are a great many low priced and low skilled IT people out there right now. The whole industry is screwed.
#11
Bird D Durr
- Master of Stock Proctology
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Posted 31 March 2003 - 07:37 AM
US AIRWAYS...........................Gets out of Chp. #11 today....................
Sort of like John Goodman going off Weight Watchers so he could attend a Krispy Kreme Convention in Las Vegas the buffet capital of the world.................
Won't last long................
As for Mr. Goldmember.................
Not all lawyers are bad people.......................Remember it is the laws created by elected officials that allow lawyers to take what ever side of the fence they choose....................Reform needs to start in the legislatures................In order to cut off the hand that feeds the lawyers.....................
Sort of like John Goodman going off Weight Watchers so he could attend a Krispy Kreme Convention in Las Vegas the buffet capital of the world.................
Won't last long................
As for Mr. Goldmember.................
Not all lawyers are bad people.......................Remember it is the laws created by elected officials that allow lawyers to take what ever side of the fence they choose....................Reform needs to start in the legislatures................In order to cut off the hand that feeds the lawyers.....................
#12
- Group: Guests
Posted 02 April 2003 - 07:34 AM
Air Canada bankruptcy
Buh bye Swiss Air!
U.S. airlines face insolvency
Someone please tell me the US gov't is not going to bail out the airlines again? Who fault is it when they operate so close to the edge?
Buh bye Swiss Air!
U.S. airlines face insolvency
Someone please tell me the US gov't is not going to bail out the airlines again? Who fault is it when they operate so close to the edge?
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