I think the concern for Boeing is being broken up rather than going bankrupt. People forget the current situation is both a recent development and one that hap

I think the concern for Boeing is being broken up rather than going bankrupt. People forget the current situation is both a recent development and one that happened under unique circumstances. In the 80s and 90s there was a 1-2 whammy neo-liberal fiscal policy which basically abandoned all opposition to acquisitions, and the end of the cold war which made the government think it didn't need a robust aerospace/defense sector any more. The environment has changed considerably in the intervening decades.