wonder if its failure might set off a chain reaction like Lehman brothers, or even bigger
Not cor economic reasons. For defense reasons.
Rest assured that most military subcontractors have a handful of contracts that are considered so critical to our defense that land and earth will be moved to get them the money they need to survive.
Capitalism for us. Socialism for these greedy ducks
If Boeing failed, Lockheed Martin would mysteriously get a huge infusion of capital and would buy them in short order.
It wouldn’t quite be business as usual for Boeing after such a move, but I doubt there’d be much turbulence going forward, pun intended.
Yes. They are too big and bloated. Cut them up. Re-engage in competition.
6 comments
More on this subject from other reputable sources:
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– Reuters (A): [US to criminally charge Boeing, seek guilty plea, sources say](https://reut.rs/3W2HTgc)
– Financial Times (A-): [Boeing to plead guilty to fraud or face criminal trial under DoJ offer](https://www.ft.com/content/56d287ca-a511-4595-98a8-379e58e8501c)
– New York Times (B+): [U.S. Said to Seek Boeing Guilty Plea to Avoid Trial in 737 Max Crashes](https://www.nytimes.com/2024/06/30/business/boeing-max-justice-department.html)
– Associated Press (A-): [US wants Boeing to plead guilty to fraud, lawyers say](https://apnews.com/article/boeing-criminal-charges-plea-deal-861175435e04039112fde0ac6bdbf75a)
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wonder if its failure might set off a chain reaction like Lehman brothers, or even bigger
Not cor economic reasons. For defense reasons.
Rest assured that most military subcontractors have a handful of contracts that are considered so critical to our defense that land and earth will be moved to get them the money they need to survive.
Capitalism for us. Socialism for these greedy ducks
If Boeing failed, Lockheed Martin would mysteriously get a huge infusion of capital and would buy them in short order.
It wouldn’t quite be business as usual for Boeing after such a move, but I doubt there’d be much turbulence going forward, pun intended.
Yes. They are too big and bloated. Cut them up. Re-engage in competition.