Poll: Should Boeing Get a Bailout With No Strings?

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6 COMMENTS

  1. Put Boeing in Chapter 11, to protect employees and contractors.
    Any govt bail out, including a loan facility, that allows equity holders to be protected, only benefits management and shareholders.
    Instead of conserving cash for difficult times, management and shareholders have benefited to the tune of $45 billion of buybacks and dividends these past few years,
    Those same management and shareholders should not therefore be able to access circa $60 billion of taxpayer funds to shore up their equity positions now that bad times are here.
    That would be nothing less than American Socialism – privatizing profits and socializing losses.