Quote:
Originally Posted by vilger
Boeing should be allowed to go bankrupt if they can't extricate themselves from the mess that they created for themselves. Bankruptcy does not mean that the company will cease to operate; it just means that the current stockholders will be wiped out, and the current creditors will become the new stockholders. The company can then start anew with no debt. GM went bankrupt during the Great Recession; the stockholders were wiped out but the company still exists. The taxpayers should not be on the hook for corporate mistakes; it's called Capitalism.
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Are you saying that Corona Virus is Boeing's fault?
By the same logic, we should let all the small business owners along with restaurants, hotels, airlines just go out of business and let someone or something else come along to replace it. Survival of the fittest. Very Darwinian. (could apply the same principle to people too I suppose)