Originally Posted by
newyorkgeorge
You have to hand it to Parker, he took the lesson of his failed DL attempt. Go for the employees and creditors, find a few key allies that are comfortable in approaching management, have a lot of patience (the NDA was signed all the way back at the end of August) and you will likely get your deal.
Yep. I expected from the very beginning that the deal would get done since there are really not any other options left. AA put itself in a bad position waiting as long as it did to file. If they would have filed back in 03 there would have been far more options on the table then were left by the point they actually filled. AA was in no position of strength to decide their fate at this point.