Subject: Re: PILOT
Anyone have any clue what's up with Pilot? The numbers - to put it kindly - were dismal. I know Greg made some changes to management a while back, but it just seems like they're really struggling for whatever reason.
There's never just one cockroach. Buffett usually has a pretty good feel about whether management is honest or not, but with the Haslams, his integrity vision seems to have encountered a blind spot, and it shouldn't be surprising if there are more nasty surprises.
dtb