4 ms·
Is Boeing too big to fail type of scenario?
by grugagag 3y ago
Is Boeing too big to fail type of scenario?
- JumpCrisscross 3y agoToo big to fail, yes, but not too big to go bankrupt.
- lenerdenator 3y agoThey're the lone remaining large-scale producer of large passenger and logistic military aircraft in the world's preeminent air power. Of course they'll be bailed out.
- westmeal 3y agoThey bailed out GM of all companies what do you think?
- ARandumGuy 3y agoRealistically, the US government would nationalize Boeing before they let Boeing outright fail (and they'd probably only do that if bailouts didn't work). Boeing is a huge strategic asset for the US, and I don't think the US is willing to deal with the consequences of Boeing shutting down.
- fred_is_fred 3y agoI was actually wondering - what is the last company that the US actually nationalized? In 2008, some banks were shutdown and their assets handled by the govt but not sure that qualifies.
- kn0where 3y agoGeneral Motors was nationalized at the time.
- fred_is_fred 3y agoSo I'm wondering what counts as nationalization? GM declared Chapter 11 and asked the CEO to resign, but did they give other direction?