Quote:
Originally Posted by Edward64
Not sure what a black swan event has to do with this?
Sure a pandemic was going to happen sooner or later but could anyone have predicted (1) when it was going to occur and (2) the severity of the impact to any degree of certainty?
Assuming you were CEO of Hertz or (airline), let's hear your ideas on how you would have planned and mitigated for this 2-3-4-5 years ago.
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I would not have taken on $19 billion in debt so that I could pump out dividends to my private equity cronies.
Hertz has been poorly run since Ford sold them. They have been losing money for years.