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John Paulson Is Not An American Airlines Investor... But Here Are The Top 25 Holders Who Have Gotten Crushed Today

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Mon, 10/03/2011 - 15:17 | 1734112 Fukushima Sam
Fukushima Sam's picture

I'm sure everything over at AA is fine.

Mon, 10/03/2011 - 15:28 | 1734159 Pladizow
Pladizow's picture

Short anything with the word "American" in it!


Mon, 10/03/2011 - 15:32 | 1734177 clones2
clones2's picture

Short "ANYTHING" unless it has the word "3X Bear" in it!

Mon, 10/03/2011 - 15:45 | 1734223 BigJim
BigJim's picture

What's the big deal? Sure The Big O will bail out American Airlines?

Oh, I forgot, it's not a bank.

Mon, 10/03/2011 - 16:10 | 1734332 redpill
redpill's picture

As long as the workers are unionized, it's too big to fail.

Mon, 10/03/2011 - 17:57 | 1734802 Bicycle Repairman
Bicycle Repairman's picture

The whole airline industry has needed a lobotomy for 30 years.  These guys are the most consumer unfriendly industry going.  I'd rather deal with the DMV.

Mon, 10/03/2011 - 22:59 | 1735736 Widowmaker
Widowmaker's picture

Mission accomplished!


Mon, 10/03/2011 - 15:47 | 1734229 kito
kito's picture

no way, im long american idol. that show rocks.....



Mon, 10/03/2011 - 16:29 | 1734433 LMAO
LMAO's picture

I concur with the latter,

I miss those remarkable knockers.

Mon, 10/03/2011 - 16:16 | 1734348 irishlink
irishlink's picture

what wonderful wit. I'm after spilling my drink, because of uncontrolled laughter

Mon, 10/03/2011 - 15:42 | 1734207 Ag Star
Ag Star's picture

AA is lining up for their bailout--cheers!

Mon, 10/03/2011 - 16:10 | 1734331 AldousHuxley
AldousHuxley's picture

Since 1980, the airline industry has not earned back the cost of capital during the best of times. Conversely, in bad times losses can be dramatically worse. Warren Buffett once said that despite all the money that has been invested in all airlines, the net profit is less than zero.


Another industry where executive bonuses are private but business depends on socialism from government aid.

Failed privatization.

Mon, 10/03/2011 - 17:18 | 1734661 duckhook
duckhook's picture

Btter yet .If you add up all of the profit and losses in approximately 90 years ,the airline industry as a whole has lost money

Mon, 10/03/2011 - 18:00 | 1734813 Bicycle Repairman
Bicycle Repairman's picture

ITD the airline industry is a loser.  It has been subsidized from day one.  Why is that?

Mon, 10/03/2011 - 19:49 | 1735141 o2sd
o2sd's picture

ITD the airline industry is a loser.  It has been subsidized from day one.  Why is that?

Military Industrial Complex. The Airline industry has been subsidized as a way of subsidizing the Aeroplane/Aerospace industy, which are also involved in making missiles, bombers and fighters.

Tue, 10/04/2011 - 10:22 | 1736974 Bicycle Repairman
Bicycle Repairman's picture


Mon, 10/03/2011 - 15:44 | 1734218 anony
anony's picture

As long as the Clintonian definition of 'fine' is, well, clintonian.

Tue, 10/04/2011 - 00:17 | 1735977 ToNYC
ToNYC's picture


Almost ten years to the day that the bin laden family shorted scads of AA (and UAL) through DB and andy card wisperered the high score to a quizzical bush 43.

Mon, 10/03/2011 - 15:17 | 1734113 scatterbrains
scatterbrains's picture

Good to see Vanguard running 4th.  I notice they're top holders of SPG.. but at least SPG is a good shelter from the coming storm.

Mon, 10/03/2011 - 15:22 | 1734137 PulauHantu29
PulauHantu29's picture

It's very sad to see the Bogle interview last week when the interviewer asked him about the stock market, he responded,"you must be in the market...."

Sad to see him detoriate this way. I really like him and his book but he is past his prime....still hung up on "fundamentals" instead of HFT, derivatives, etc where the action is.

Mon, 10/03/2011 - 16:51 | 1734551 Mike2756
Mike2756's picture

It's ok, they all got stopped out at 2.80.

Mon, 10/03/2011 - 15:19 | 1734117 PulauHantu29
PulauHantu29's picture

Blackrock seems to be picking some real losers lately. Interestingly, my (ex) broker called me last week recommending airlines opining that the will "rake in the profits" because of low oil prices.

Glad I fired him two years ago when he recommended Lehmans, WaMu and BAC.

Mon, 10/03/2011 - 15:20 | 1734128 tekhneek
tekhneek's picture

Are you kidding me!? You've got a gold mine dude! Just short the ever-living fuck out of everything he recommends you buy.

Problem solved.

Mon, 10/03/2011 - 15:29 | 1734162 Dr. Richard Head
Dr. Richard Head's picture

Agreed.  SOunds like he has his own personal Cramer.  I'd buy that for a DUHlar.

Mon, 10/03/2011 - 16:12 | 1734337 redpill
redpill's picture

These are the people we bailed out, so that they can continue to practice their incompetance.

Mon, 10/03/2011 - 17:50 | 1734779 MarkTwain00
MarkTwain00's picture

Anybody else notice Morgan Stanley Investment Banking high on that list.....wow

Mon, 10/03/2011 - 15:20 | 1734120 DosZap
DosZap's picture

I am sure that 140+/- Pilots that shook out w/early retirements, locked in profits are some REAL happy campers today.

Glad they won,their profits and savings are GUARANTEED fixed for (I think 40 days),so they can cash out both plans fully vested.

Not losing a dime.

Mon, 10/03/2011 - 16:12 | 1734336 Shitters_Full
Shitters_Full's picture

Not even Sullenberger can land this flight safely.

Mon, 10/03/2011 - 15:19 | 1734122 Panafrican Funk...
Panafrican Funktron Robot's picture

High five to the geniuses at Ohio Teachers.  That won't hurt at all, when Ohio still has to pay those god damned pensions at par.

Mon, 10/03/2011 - 15:21 | 1734134 achmachat
achmachat's picture

Only if Ohio actually ends up paying those pensions!

Mon, 10/03/2011 - 15:38 | 1734193 Messianic
Messianic's picture

"IF" they pay them, indeed. It wouldn't be the first time in the US that bankruptcy proceedings permitted a politically well connected company to shirk its obligation to secured debt holders, and therefore screwed pensioners:


Mon, 10/03/2011 - 18:43 | 1734902 CU1981
CU1981's picture

My dads a retired school teacher, from ohio no less ;-(

There goes my inheritance .. lol

Mon, 10/03/2011 - 15:53 | 1734264 PeterPansDad
PeterPansDad's picture

According to the graph they liquidated most of their position recently as did Fidelity.  I guess a blind squirrel can find a nut once in a while.

Mon, 10/03/2011 - 15:20 | 1734123 radish juice
radish juice's picture

So when do we start firing off circuit breakers when individual stocks cross thresholds? that is the new warfare Ben is going to be playing with pellet guns henceforth now that he has lost all other munition, a hand, a leg, common sense and sleep

Mon, 10/03/2011 - 15:20 | 1734124 HANKREARDON

Riskalyze.com said to go to cash. Gracious.  Fidelity looks like they know what they are doing, notice that they drastically decreased positions.

Mon, 10/03/2011 - 15:28 | 1734161 buzzsaw99
buzzsaw99's picture

don't be too sure. they still have mm funds in euro skanks. just lucky this time.

Mon, 10/03/2011 - 15:20 | 1734125 achmachat
achmachat's picture

State Teachers Retirement System Ohio. :-(

It's difficult to experience Schadenfreude with that on the list.

Mon, 10/03/2011 - 15:23 | 1734140 Seasmoke
Seasmoke's picture

too bad for them....looks like they need to go back to school and learn that 2+2 doesnt = 5

Mon, 10/03/2011 - 15:20 | 1734127 Schiff hits the fan
Schiff hits the fan's picture

When the plane is going down remember to put your oxygen mask on first.

Mon, 10/03/2011 - 19:14 | 1735003 Ms. Erable
Ms. Erable's picture

Why? Because oxygen gets you high.

Tue, 10/04/2011 - 00:33 | 1736012 DeadFred
DeadFred's picture

With adequate O2 your brain will be functioning with crystal clarity as you watch the ground approaching.

Mon, 10/03/2011 - 15:23 | 1734131 bob_dabolina
bob_dabolina's picture

Cue TOTUS speech in 3, 2, 1 on why an Airline(s) stimulus package is needed like...yesterday. 

Mon, 10/03/2011 - 18:04 | 1734829 Bicycle Repairman
Bicycle Repairman's picture

No need for a speech.  Just increase the subsidies already in place.

Mon, 10/03/2011 - 15:21 | 1734132 Seasmoke
Seasmoke's picture

looks like the walls are closing in everywhere, there is no safe havens left

Mon, 10/03/2011 - 15:25 | 1734146 Missiondweller
Missiondweller's picture


Mon, 10/03/2011 - 15:27 | 1734157 SilverRhino
SilverRhino's picture

Safe havens are the items you can acquire that have inherent value.   Sure value may drop when priced in terms of fiat but they will have value and utility to others at all times.


Mon, 10/03/2011 - 15:30 | 1734170 wretch
wretch's picture

I've stuffed a crawlspace above my garage full of new diapers.  I have no kids.  These things will trade like nothing else, I'm thinking...

Mon, 10/03/2011 - 15:45 | 1734222 achmachat
achmachat's picture


people used to think that TP was going to be traded like nothing else, but I guess that people can always wash their asses with water from the well.

It's very difficult to go back to the traditional diapers that you re-use after getting used to the luxury of single-use diapers!

Mon, 10/03/2011 - 15:48 | 1734234 falak pema
falak pema's picture

r u planning for old age out of control leak control via diaper aid?

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