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Old 14th Jan 2015, 11:26
  #2498 (permalink)  
Algol
 
Join Date: Jan 1999
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Yeah, whatever you say. It's not his money, I agree, but he's the CEO and responsible for all the time energy and cash wasted in the futile effort to takeover EI.
They might well get their money back, more by luck than planning, and thanks to his mate Willy. But the loss of face is enormous. He failed - with a Capital F - to destroy his only home competitor.
Besides that, it has been a waste of his time and energy, a 7 year distraction that led to absolutely zilch.
If IAG wasn't interested in buying right now he'd be facing a fire sale, forced on him by the courts, and a financial wipeout.
The fact that he's got nothing to say any more just shows he's beaten, and accepts it.
Ta Ra.
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