AMR Corporation (NYSE: AMR) is in trouble. That is at least what the rumor mill is trying to signal. What may seem like aggressive reporting over the weekend has added fuel to the fire of the rumor mill today. The problem is that AMR’s problems run very deep. The issue of American Eagle and the on-again-off-again sale, spin-off, IPO, and other chatter has not ever been able to help the company. Reports from the WSJ and MarketWatch, both under Dow Jones and News Corp , have issued reports using the dreaded “B” word… “Bankruptcy.
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