Hertz Files for Bankruptcy After Rental-Car Demand Vanishes

That's what I told myself when I bought Borders & Blockbuster lol

Good reason for daytrading or brief swings in this market

 

I was surprised to read that Ichan is such a big shareholder.

 

Old fart is well past his prime.

(I thought i would throw in bit of ageism as well after being called sexist earlier in this thread )

 

I tend to agree. I think going forward, everything about business and economy will change. On the one hand, governments are showing they can print forever and interest rates don't matter. That totally screws up all the models of the past decades. These old guys can't use the same metrics that they did to build their wealth.

Then you have a totally different shift of what people value in life. They don't want to own things, they love to share things. (perhaps its also because they don't have money to actually own property). Then, until Corona hit, experiences were top priority. Now of course, who knows.

Its going to be very difficult predict what's next. Even the technology sector changes so rapidly. One day Instagram is hot, next day Tik Tok moves in. If it wasn't for Instagram, I bet FB wouldn't be doing so hot.

So I can't blame the old guy. Who is totally out of touch and the future is moving too quickly for anyone to really know.

 

But you could have taken over at the same time as her and faced this completely out of left field crisis with no impact? You lost a bunch of notches of esteem from everyone on here with that comment. You knew FA about her, her qualifications, and how and why she was hired when you decided she must have failed because of her gender? Could you be any more backward and ignorant?

 

12K deaths from H1N1 under Obama. Six-figures under Trumpo and the shutdown. That's why Hertz failed.

 

Any ideas is these are under the same parent stock or separate entities?

 

Not to investors!!!

 

I was expecting our resident male feminists to turn up in defence of m'lady.

I have no problems joking about a rich privileged white women who earns >$1million a year and probably got several million more when she got fired.

She is way more privileged than I am, i am just a poor man of color

I'm sure 'Karen' would be really hurt by my comments above, she is probably crying now, on her way to the bank to cash out her 7 figure severance check

 

Way to go to shut up the ET PC police. And I can say this as a gay homeless person of color