Conversation

Boeing is gonna be in deep shit. Already reeling from max8 and likely effects of the airline demand crash. Now this. It’s too important to let fail... one of only 2 companies that knows how to make large jets. I’m guessing nationalizing is the answer.
Quote Tweet
“Boeing Everett plant, please close your doors and shut down,” the man's brother wrote. seattletimes.com/business/boein by @dominicgates
Show replies
Replying to and
Boeing will end up in Bankruptcy Court. Shareholders will get wiped out, lenders will take a haircut and Microsoft (w/ Uncle Sam’s encouragement) will buy it for a song. First decision will be to move Boeing headquarters back to Seattle.
1
Replying to
Bailout inevitably but key to watch will be if funding includes buyback of distressed shares vs. infusing capital back into accelerated manufacturing. If learned anything from ‘08, buyback far less effective for Boeing to build more efficiently & bounce back than buying stock.