FlyerTalk Forums - View Single Post - Consolidated "Points Devaluation" thread
View Single Post
Old Oct 26, 2009 | 4:28 pm
  #178  
Jailer
10 Countries Visited
50 Countries Visited
All eyes on you!
25 Years on Site
 
Join Date: Nov 1999
Location: SoCal; DO-RAGS: Old Gold tagged, PIP, LatPass 1/2, AA 4MM, HH LT Diamond, Marriott Titanium/LT Plat, Omni
Posts: 9,694
Originally Posted by BearX220
....Think of HHonors as the Federal Reserve....
Or…like any debtor, Hilton wants to pay current obligations with future inflated currency. And, if, as I believe is required, Hilton shows outstanding points on their balance sheet, then Blackstone has reduced their liability considerably…maybe easing the path for a sale.
Jailer is offline