PPRuNe Forums - View Single Post - official : Swissair filed for bankruptcy. Sabena next
Old 4th Oct 2001, 04:18
  #42 (permalink)  
Hooking Fell
Guest
 
Posts: n/a
Talking

Tricky Woo,

Indeed, Mühlemann is ex-McKinsey, the same crowd who encouraged Swissair to go pursue a megalomaniacal expansion strategy, buying up a variety of no-hoper airlines from microeconomies on the way.

If, as you say, Mühlemann is reasonably proficient in reading a balance sheet, then why did his own bank (CS) fire one of its obviously brightest analysts earlier this year? As I have stated before in this forum,
either Mühlemann already knew the true dimensions of his monumental f#ck-up at SAir Group, or he did not.

In the former case, he would have had to stop his own bank (CS) from issuing "buy" recommendations on SAir stock.

In the latter, he should not be on any board.

In either case, he's a w anker.

Thanks for corroborating my case, Tricky Woo.