| Subject: Re: little guy versus Big Business |
Author:
Andrew
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Date Posted: 11:32:32 07/31/09 Fri
In reply to:
dotB
's message, "Re: little guy versus Big Business" on 03:21:25 07/31/09 Fri
>Just out of interest, this appeared in BBC news a few
>days ago.
>
>Dave Carroll composed United Breaks Guitars after his
>Taylor acoustic was damaged at Chicago's O'Hare
>airport.It has now had over 3.5 million hits, and has
>been a PR disaster for the airline, which has seen its
>share price plunge by 10%, wiping $180m off the
>company's value.
>
>$180,000,000 because of a broken guitar. Talk about
>the power of the Internet!
That sounds like creative accounting. Other airlines' share prices have dropped as well recently, mostly because they have been losing money hand over fist in the current economic climate.
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