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It's only 2500 jobs

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July 09, 2008 – Comments (0)

1:17 p.m.Northwest Airlines cutting 2,500 frontline, management jobs

How many industries in America are Steve and Berry's????? 

Business that survived simply because, Wall Street, Pension Funds, and others threw money at them.

We saw it with Boston Chicken and Krispy Cream. 

Airlines?  Autos?  Real Estate?  Retail?  Construction? HomeBuilders?

You can only lose hundreds of millions of dollars so long before the money runs out.

How many industries were dependant on making money by loaning money or buying debt?

Banks, Insurance Companies, Pension Funds, Mutual FundsThe unwinding keeps going on and on and on.........Is most of America's business Steve and Berry's?????????????????????

As soon as you stop providing cash, it is forced to shut down or reorganize.

 

Heck, you don't even need to be a forensic accountant to see this......

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