senatorpjt on 27 June 2008
@dbot: $1.06 billion. What they basically did is write down $1.06 billion in one quarter as their anticipated losses due to the repairs. If they end up spending more on repairs than that, they'll have to write it down as another loss. This says to me more that they expect it to cost $1.06 billion in the time between the initiation of the program to the point where the system will become profitable enough to be able to write down additional repairs as a quarterly loss and still show an overall profit.
