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Boeing's defense contracts make it too big to fail. Sure, huge fines might deflate its shares/exec's comp packages, but I don't think the risk of giant fines e
by jld 7y ago
Boeing's defense contracts make it too big to fail.
Sure, huge fines might deflate its shares/exec's comp packages, but I don't think the risk of giant fines endangers Boeing the way they might other businesses.
- NowThenGoodBad 7y agoExecs comp packages won't hurt that much, they can just downsize and then go on a hiring glut when things look better.
- inflatableDodo 7y agoThis concept of 'too big to fail' is eventually going to come a cropper when something deemed as such, fails anyway and wipes out entire industrial sectors from the dependent country.
- CamperBob2 7y agoThe idea behind being too big to fail is that the full faith and credit of the US government will be used to prop you up if necessary. Failing anyway? Go back to step 1. That absolutely describes Boeing.