"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Tuesday, November 29, 2011

AMR Bankrupt

American Airlines files for bankruptcy and crashes

  • AMR CORP. FILES BANKRUPTCY IN NEW YORK               
  • AMR, HOLDING COMPANY FOR AMERICAN AIRLINES, FILES CHAPTER 11
  • AMR COPR. LISTS DEBTS OF $29.5 BILLION IN BANKRUPTCY FILING
  • AMR HAS $4.1B IN CASH
  • AMR TO START FURTHER TALKS WITH UNION TO CUT LABOR COSTS
  • AMR NAMES HORTON CHAIRMAN, CEO