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Boeing is a key part of the military-industrial complex and has very close ties to the US government (the movement of people between the two groups is especiall
by striking 2y ago
Boeing is a key part of the military-industrial complex and has very close ties to the US government (the movement of people between the two groups is especially interesting). "Too big to fail" might not accurately describe it. "Too connected to fail", maybe?
- partiallypro 2y agoBoeing, even without the military connection, is one of the more important companies in the US for exports. They are also too big to fail. It's very much in the national interest for them to right the ship. The same is true of Intel. Their domestic fabs are -very- important to NatSec.
- rbanffy 2y agoMaybe “Too strategic to fail”
- bryanlarsen 2y agoThey're too big and too important to go through Chapter 7 bankruptcy, but Chapter 11 bankruptcy can and should happen. Wipe out the shareholders and executives but keep the company intact.