F freewilly Sep 14, 2008 #1 If LEH files bankruptcy, will it come back in 3 -5 years. I remember many airline filed bankruptcy probably around 2000, but most of them came back to the peak of $30-60. Any thoughts?
If LEH files bankruptcy, will it come back in 3 -5 years. I remember many airline filed bankruptcy probably around 2000, but most of them came back to the peak of $30-60. Any thoughts?
C cszulc Sep 14, 2008 #2 The airlines were new companies, though. Old existing shareholders got nothing of the new company. They were wiped out. Exactly what a Ch 7/Ch 11 bankruptcy will do.
The airlines were new companies, though. Old existing shareholders got nothing of the new company. They were wiped out. Exactly what a Ch 7/Ch 11 bankruptcy will do.
