Hurts so bad: How will Hertz bankruptcy impact region?

The national business press took to the Hertz bankruptcy filing like the company had offered free weekend rentals of a red Corvette convertible: breathless and fast.  

There’s certainly a lot at stake in the Lee County-based company’s complicated Chapter 11 announcement filed May 22 — late Friday night of a three-day holiday weekend. Creditors could lose more than $20 billion, shareholders could soon be holding worthless stock and the company’s largest investor, Carl Icahn, might take a $1.6 billion loss. There’s also some 40,000 jobs worldwide in the balance, with the company, in a release accompanying is bankruptcy filing, saying it’s already slashed 20,000 jobs.