US Airways Needs Merger More than AMR

US Airways Needs Merger More than AMR Play

Aug. 15 (Bloomberg) -- The strength of the U.S. Justice Department's antitrust suit to block the merger between AMR Corp. and US Airways Group Inc. is the first topic on the video with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. Rochelle tracks the rise and fall in the price of AMR's stock and analyzes the strengths of American Airlines Inc. even without a merger. When Residential Capital LLC goes to court later this month for the first of two pivotal hearings on emerging from bankruptcy, junior secured lenders will have a tough time persuading the judge to hold up a reorganization where nearly everyone else is on board. Rochelle also tracks the latest developments in Wisconsin where a committee representing sexual abuse victims is trying to unseat a federal district judge for having an undisclosed financial interest in cemeteries operated by the Archdiocese of Milwaukee.

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