Laura Wright said Southwest (LUV, Fortune 500), which enters fuel-hedging transactions with financial-services firms as counterparties, has no exposure to bankrupt Lehman Brothers (LEH, Fortune 500) and only a small amount to brokerages that don't have a commercial banking side.
My Response: This is an example of a company who has planned ahead for bumps in the road such as the one we are experiencing today. Southwest Airlines has little if not any, financial need since the drop in our economic market. Their CEO, Laura Wright, has managed this company to see the worst that could come ahead, and avoided any effects to her company. Although their stocks fell a little this week, a report like this will encourage more investors to look at Southwest for security.
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