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Buy Delta? Are You Crazy?
By Nathan Parmelee (TMF Doraemon)
September 15, 2005

Delta Air Lines (NYSE: DAL) and Northwest Airlines (Nasdaq: NWAC) have made it official, filing for bankruptcy protection and reorganization under Chapter 11. This isn't a surprise; there had been hints for a long time that it would happen. What is a surprise is that Delta's shares are up 25% today and had risen by as much as 40% at one point...
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