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I’d more readily believe it’s a shareholder than anyone directly at Boeing. But who knows
by spacephysics 3y ago
I’d more readily believe it’s a shareholder than anyone directly at Boeing. But who knows
- epolanski 3y agoWhat would be the incentive? Seeing his portfolio shrink and the company go through even more problems than it has?
- smallmancontrov 3y agoModest 401ks invested in index funds yielding a tiny amount of supplemental income that mostly gets reinvested for retirement are not a universal truth. Some people invest for a living. If you have the net worth for it, it's a nice way to live. Other people strive for the same using concentration and leverage. So yeah, there are investors out there who care a lot.
- epolanski 3y agoBut no investor here benefits from throwing shades on Boeing killing whistleblowers.
- smallmancontrov 3y agoWhat? Why on Earth would you think that? "We are all pretty sure Boeing did it" doesn't meet any actionable legal standard. Deposing this guy and the followups is a critical part of the accountability process that will no longer happen or, in the case of followups, be significantly impeded by the presence of a credible threat looming over their heads. Shareholders (and management) absolutely benefit.
- epolanski 3y agoBecause getting the company you have shares in dragged in even more mud at such a time with a whistleblower dying mysteriously does really your shares no good.
- spacephysics 3y agoOnce you start to look at hedge funds with very large option positions, the losses can be many thousands of times larger than just “stock lost 5%, means I lost 5%” It’s usually something like “if stock drops 2.5% at this number, we’re forced to buy the inverse option to hedge our bets and we loose X amount” (over simplification) Just look at the GME stuff and how much money was lost due to retail trading meme behavior
- kylebenzle 3y agoIm surprised they didn't murder Roaring Kitty (Keith Gill) probably wh he has gone into hiding. He probably got the same offer he couldn't refuse, "shut the fuck up or else."