kellwolf
Piece of Trash
I wish they concealed profits, it would mean they actually made a profit!
Delta "lost" how many billions in the first quarter? Was it an actual loss, or was it simply a loss on paper b/c their stock wasn't valued at what they expected it to be? That's what Matt's trying to get at. There's too many government bail-outs and other hand outs available if you lose money. It's like the musical "The Producers." You make more money with a flop than you do with a hit b/c there's all these loop holes to cover your "losses." Don't make too much of a profit since you might not qualify. Sorta like Pell Grants and college. "Sorry, kid. We know you're inner city and your parents are dirt poor and can't afford to pay for you to go to college. But they still make too much for you to get a Pell Grant." Whereas if the parents were able to "hide" income better or show they actually lost money....bingo. Insta-college money.