PPRuNe Forums - View Single Post - SAA's non bail-out bail-out
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Old 23rd May 2012, 14:51
  #12 (permalink)  
spacedaddy
 
Join Date: May 2002
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Isn't re-capitalisation supposed to come from reinvested profits or loans that need to be paid back? They could go the loan route with government guaranteeing the loans but when they don't repay, the government steps in and bails SAA out so pay it this way or pay it that way Mr. Taxpayer but either way you will pay. In the end this IS a bailout.
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