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That's not the only, or even original definition of "too big to fail." Boeing as a company is so critical to the defense industry that the US government wouldn
by garmaine 7y ago
That's not the only, or even original definition of "too big to fail."
Boeing as a company is so critical to the defense industry that the US government wouldn't let it fail. There are things Boeing does for the defense industry that literally no one else is capable of providing.
Even Chapter 11 restructuring is very unlikely as it would be too disruptive to vital industries, unless it was somehow limited to just the civil aviation part of Boeing.
- erobbins 7y agoDoesn't this mean it should either be broken up or nationalized?
- garmaine 7y agoWe generally don't nationalize industries over here. As to breaking up, it might make sense to split of the civil aviation portion of Boeing so that it could fail or be restructured without affecting national security interests.