Then Audrey will buy it back on the cheap with no dept. I rode this from $20 to $75 and sold. Traded here and there. Too much debt. This will be one of the first majors to go bankrupt and it will send ripples. It might at least signal the bottom. Sorry bag holders.
Sure it's business, but I thought Buffet was better than that and more of a person. He made 7 Billion off of that. If he took 6 Billion, and the other Billion would have paid the salaries for all laid off people most likely until there retirement. Earnings better be meaningful, and our money better start being paid back to us, via dividends. Unless it pushes the needle to 2x book value, I want money from my company when it's not beating the S&P on a yearly basis. Very disappointed. He should be using his clout for good, creating jobs, not acting like a hedge fund manager cutting jobs for money.