2.6 Billion and it was Don Carty that piled the money that high and then set fire to it....
Worst airline manager in the history of the airlines. Took the best balance sheet in the industry and wrecked it in 4 years.
2.6 billion for stock.
1.something billion for a white elephant terminal in JFK
Billions and billions buying an airline that couldn't make money if it was hauling cocaine (TWA)
The American Airlines arena (we are still paying 5 million dollars/month on that one...
the beat goes on.
Crandall was conservative. Carty spends like a drunken sailor
Cheers
Wino