Widow's Son
Well-known member
- Joined
- Jul 1, 2005
- Posts
- 149
skykid said:Really? The SEC filings show you are way off on that one.
There are fees and charges galore and if you follow the stink you will find a lawyer attached to every one.
UAL made almost a 50 million dollar operating profit last quarter yet they lost almost a billion and a half due to "regorganizational expenses."
The lawyers get their professional fees and then they also get a "cut" of all of the debts that they discharge, and that works for the lawyers on both sides plus the lawyers in the middle. Break it all down and you'll see that a couple of million a day isn't far off at all.
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