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Subject: 
Re: The *militia* saved flight 93 from a worse fate...
Newsgroups: 
lugnet.off-topic.debate
Date: 
Sun, 23 Sep 2001 12:17:33 GMT
Viewed: 
348 times
  
In lugnet.off-topic.debate, Larry Pieniazek writes:

[snippety]

They OUGHT to go bankrupt, they have massively mismanaged things. That's the
appropriate punishment for the stockholders of a mismanaged company, loss of
the entire value of the stock.

Exactly, just like Australia's[1] Ansett Airlines:

http://au.dailynews.yahoo.com/headlines/20010913/aapbusiness/1000368528-1208188938.html

Unfortunately, when a large company goes bankrupt, it's not only the
shareholders that pay.

ROSCO

[1] OK, it was recently acquired by Air NZ, but it's been an Aussie company for
over 50 years.



Message has 1 Reply:
  Re: The *militia* saved flight 93 from a worse fate...
 
(...) Ah yes, the "too big/important to fail" argument. (23 years ago, 23-Sep-01, to lugnet.off-topic.debate)

Message is in Reply To:
  Re: The *militia* saved flight 93 from a worse fate...
 
(...) Well, this is a specific instance of the general assertion "public activity X (in which strangers are thrown together and have to get along) is safer if some small fraction of the public is armed (and further, if the baddies aren't quite sure (...) (23 years ago, 23-Sep-01, to lugnet.off-topic.debate)

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