AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
The Varying International Responses to Covid-19, and the U.S. Stimulus Package
After Hours
Is One Month of Revenue as Cash?
We have never seen anything like this hit the airline industry. I don't think you can ask an airline executive six months ago to say they need ten billion dollars o cash on hand, because you might end up with no demand for four months. That is a calculus that we don't normally expect managers to make. The banks really were complicit in this. They should have foreseen what the lending was. To hold them responsible for doing something wrong in that world strikes me as weird. Do you think that's a natural frame to think about it?
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode