American Airlines blew $15B on stock buybacks to benefit shareholders, jacked up prices and nickel-and-dimed customers. Now it wants a $50B bailout - 3x 9/11.
When companies make good decisions, management and shareholders are rewarded. When companies make bad decisions, they scream for help to Uncle Sam … and management and shareholders are rewarded at taxpayer expense.
Good thing Bernie is going down. Otherwise we might have socialism or something!