You heard it hear second. AAL will go bankrupt -- only a matter of when and how. Given the size, it will keep operating. But even a brief glance at the financials and outlook says that it is a near certainty. Doesn't really matter who is in charge, there is so much debt and no credible way to service it. The only good way to spend money now is on lobbyists to try for better bailout packages, but even that won't matter. Just my opinion here, take if for what it is worth (not much).
In totally made up numbers, I would describe the situation as having $4,000 in the bank, owing $59,000 in credit card bills, being unemployed with 3 kids in college with tuition bills coming due. And your net worth being tied up in amway and herbalife inventory in a rented garage.
