"They are not going bankrupt. It's wishful thinking."
I disagree. I think they'd have to make a lot more cutbacks to avoid bankruptcy. Even Lett said more money is going out then coming in.
They do have a massive amount of real estate. If they make the proper cutbacks and liquidate a good amount of real estate, I think they should be ok for awhile. But, they don't seem to be making the proper cutbacks. That's going to bite them in the a** if they don't wise up...