Originally Posted by
Less Hair
Do they intend to sell their airliner business? Then a move right in front of the DoD would make sense.
I think that is absolutely the end game. The crony capitalism of defence contracting fits perfectly with the mindset and skills of the current senior Boeing management. I predict they will load up Boeing Commercial with all the Boeing debt, spin it off into Chapter 11 and then have some vulture fund scoop up what is left and finish running it into the ground.
Privatization of the profits and socialization of the loses, it’s the American way of business.