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A comment on U.S. airlines want a $50B bailout. They spent $45B buying back their stock. Parent comment

Re:U.S. airlines want a $50B bailout. They spent $45B buying... by grumple on Tuesday April 07, 2020 @12:51PM (#22804925)
> No business is going to hoard 50 billion dollars in an emergency fund for a pandemic that cuts 90% of revenue, that's just absurd.

Aren't there a number of companies that have been hoarding cash for some time? [1]

1. https://www.cnbc.com/2019/11/07/microsoft-apple-and-alphabet...

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Re:U.S. airlines want a $50B bailout. They spent $45B buying... by Cerium on Tuesday April 07, 2020 @12:57PM (#22805007)
Indeed, I work at a company with no debt and significant cash reserves. I had not idea it was so rare until the past few weeks.
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