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Orbitz Worldwide, Inc. Message Board

  • zueseschariott zueseschariott Oct 19, 2012 1:48 PM Flag

    The Destination of OWW Stock and Company

    This is a time where top corporations are sucking economic wind, where does this leave this "bottom feeder?" The destination for Orbitz is the dustbin of corporate history past. The debt of this company will be paid for by the equity in a bankruptcy process (shareholders will get NOTHING!), the few assets (of computer code and network connections) will be stripped mined by a larger player for pennies on the dollar, and the fools who mismanage this company (while getting high salaries for being incompetents) will be on 99 Week unemployment insurance extensions.

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