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Subject: Re: How did the feds "bail out" the bankrupt carriers? Posted on: Sun, 18 Sep 2005 07:15:40 -0400

On Sat, 17 Sep 2005 18:02:55 -0500, James Robinson
wrote:

>The Feds initially gave all the airlines a total of about $5 billion right
>after 9/11 though the airline stabilization board, and offered to back
>loans up to $15 billion. Only a few of the airlines got loans with the
>government backing.
>
>Therefore, to some extent, you are both right.

We live in a world where five billion dollars outight, plus "a few"
loans" amounting to $10 billion, may not be a bailout?




-- all the best, Dan Ford

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